webfact Posted December 20, 2017 Share Posted December 20, 2017 Central bank reiterates warning against Bitcoin investment By Thai PBS The central bank has reiterated it’s stance to not recognize the digital currency Bitcoin and instead will cooperate with the anti-money laundering office to prevent it to become a tool for money laundering. It also warned the people against investing in this currency as it carries high risk of loss. Bank of Thailand governor Veerathai santiprabhob yesterday (Dec 19) said that Thailand doesn’t recognize Bitcoin because of its high risk. Bitcoin, he said, is a form of cryptocurrency and by definition, can be exchanged for other commodities such as gold, petroleum and certain products and services. Full story: http://englishnews.thaipbs.or.th/central-bank-reiterates-warning-bitcoin-investment/ -- © Copyright Thai PBS 2017-12-20 Link to comment Share on other sites More sharing options...
dpdp Posted December 20, 2017 Share Posted December 20, 2017 We are so lucky to have them to warn us ! Smart as they are, we can trust them for sure ! Look, they perfectly know how dangerous are electronic cigarette, so to protect us they are also illegal in Thailand ! :-) Link to comment Share on other sites More sharing options...
Tradewind777 Posted December 20, 2017 Share Posted December 20, 2017 To my perception, this announcement has got “Buy BTC now” written all over it. Better to trust the world market than corrupt central banks as they are part of the reason the global financial system is in so much manure now. Link to comment Share on other sites More sharing options...
davidst01 Posted December 22, 2017 Share Posted December 22, 2017 we better hope that they dont close down bx exchange like china did to its exchanges Link to comment Share on other sites More sharing options...
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