Thailand’s Securities and Exchange Commission (SEC) Approves First Portal For ICOs

Thailand’s Securities and Exchange Commission (SEC) approved Thailand’s first portal for initial coin offerings (ICOs). Thailand’s Securities and Exchange Commission (SEC) Approves First Portal For ICOs. Some of the main purposes for this approval are:   screen tokens. perform due diligence. ensure project consistency with its whitepaper. verify the know-your-customer process.   All the board of […]

Bangchak Corporation (BCP) Tests Blockchain Energy Trading Platform

Bangchak Corporation Public Co. Limited (BCP), which is a Thai petroleum refining firm is testing a blockchain-based energy trading platform and commercial microgrid. Bangchak Corporation (BCP) Tests Blockchain Energy Trading Platform.   BCP is testing the new platform at a shopping mall attached to one of its fuel stations in Bangkok. The new system will […]

Three Cryptocurrencies Banned by Thai SEC From ICO Investment

Many crypto-coins have been outlawed by Thailand’s financial markets regulator, as a way to finance ICOs and as a base in trading sets. Three Cryptocurrencies Banned by Thai SEC From ICO Investment.   Last July the nation’s Securities and Exchange Commission (SEC) issued regulations. It ordered that anyone trying to direct a token deal must apply […]

Thai’s Tech Development Agency Develops Blockchain-Based Voting System

Thai’s Tech Development Agency Develops Blockchain-Based Voting System. The National Electronics and Computer Technology Center (NECTEC) of Thailand have developed a new e-voting solution with the help of blockchain technology, the Bangkok Post reports on Jan. 2. NECTEC is a statutory government organization that operates under NSTDA and the Ministry of Science and Technology. NSTDA […]

Thai Government Tests Blockchain Technology To Track VAT Payments

Thailand’s Revenue Department is testing out the use of blockchain technology to track value-added tax (VAT) payments. The major objective of the department is to prevent fraud in VAT refund claims in the country. VAT is a form of consumption tax specifically paid for goods and services.   If the test works successfully, then Thailand […]