Category: thailand

Thailand Exempts Crypto Transfers From VAT Until End of 2023

By admin May 25, 2022 CBDC, Central Bank, Crypto, crypto trading, Cryptocurrencies, Cryptocurrency, Decree, decrees, Digital Currency, Digital Tokens, Exchanges, Regulation, Regulations, rules, Tax, tax break, tax exemption, Taxes, thai, thailand, trade, trading, transactions, vat 0 Comments

Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand.......

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Major Thai Bank SCB Acquires 51% Stake in Cryptocurrency Exchange

By admin November 3, 2021 bank of thailand, bitkub, Finance, scb, scb bitcoin, scb bitkub, scb cryptocurrency, siam commercial bank, thai bank, thailand 0 Comments

Siam Commercial Bank, one of the largest banks in Thailand, is acquiring a 51% stake in a cryptocurrency exchange. The acquisition will help the bank “create new growth value in the long term amid a new financial world,” said the CEO......

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