Thailand
Brooker Group to Invest Almost $50M in DeFi, Dapp Startups
The publicly listed company said it already holds bitcoin.

In-Person ID Checks May Be on the Way for Thai Crypto Exchange Users: Report
New exchange users will have to use machines to scan their ID card chips before they can open a crypto account, says an industry exec.

Thailand's Fourth-Largest Bank by Assets Exploring DeFi Offering: Report
The chairman of KBank's technology arm said DeFi is a "key exploration" for the banking group throughout 2021.

Asian DeFi Picks Up Steam; Hong Kong Scammers Use Crypto as Bait
The DeFi wave continues to rise in Asia: XRP dives deeper into DeFi with Wanchain integration while a top bank in Thailand ventures into the nascent ecosystem and more cases of online fraud are found in Hong Kong. The suspects are believed to have used false promises of crypto investments to lure their victims.

Thai Central Bank to Pilot Its Retail Central Bank Digital Currency in 2022: Report
Thailand’s central bank is open to accepting public feedback on its retail CBDCs by June 15.

Thailand Central Bank Warns Against Baht-Backed Stablecoins
Thailand’s central bank has deemed any use of THT, a baht-denominated stablecoin, to be illegal. “The Hash” panel discusses where this fits into the trend of governments attempting to ban crypto, and what the future holds for stablecoin regulations.

Thai Central Bank Warns Against 'Illegal' Use of Baht-Denominated Stablecoin
The Bank of Thailand has deemed any activity involving the THT stablecoin "illegal" on the basis it violates the nation's Currency Act.

Thai SEC Backtracks on Unpopular Proposal for New Crypto Investor Qualifications
Thailand's SEC now says it didn't mean it when it proposed a $33,000 minimum annual income for new crypto traders.

Central Banks of China, UAE Join Blockchain-Based CBDC Payments Project
The project will explore the capabilities of a DLT-based central bank digital currency in regional payments.

Thailand Wants to Target Japanese Crypto Holders as Part of Plan to Revive Tourism
The Tourism Authority of Thailand slashed its estimate for foreign arrivals this year.
