Popular Post webfact Posted January 26, 2022 Popular Post Share Posted January 26, 2022 According to tax officials, those who engage in coin mining also will be subject to taxation on the sale of coins. (Photo by Quantitatives.io) The Finance Ministry, Bank of Thailand and Securities and Exchange Commission (SEC) have agreed to a plan to regulate and limit the use of cryptocurrencies as a means of paying for goods and services, to prevent such transactions from affecting Thailand’s financial stability and economic system, pending public hearings on the matter. The planned regulation and limitation is just one of the measures being considered by the three state agencies aimed at curbing the booming digital asset business in Thailand, which is quickly expanding in line with global trend of paperless and seamless financial transactions. According to the three state agencies, digital asset operators have expanded the scope of business by advertising and offering payment services through the use of cryptocurrencies, which may lead to wider use of such digital assets as legal tender for payment of goods and services. Full story: https://www.thaipbsworld.com/thailand-plans-to-regulate-limit-cryptocurrency-payment-for-goods-services/ -- © Copyright Thai PBS 2022-01-27 - Aetna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here. - Follow ASEAN NOW on LINE for breaking COVID-19 updates 5 Link to comment Share on other sites More sharing options...
RandiRona Posted January 26, 2022 Share Posted January 26, 2022 Just yesterday there was a news about making Thailand like Ecuador for cryptocurrency, today U turn?? There was also a news about Fake news...seems like a good progress ..haha Link to comment Share on other sites More sharing options...
GeorgeCross Posted January 27, 2022 Share Posted January 27, 2022 fan bois along in 3-2-1 to tell us this is completely normal and many other countries have done this.. Link to comment Share on other sites More sharing options...
nausea Posted January 27, 2022 Share Posted January 27, 2022 I get the impression that few people really understand the crypto space, not least me, or, I suspect, the fan boys. I did get an inkling of it's complexity after watching a YouTube video by Dan Olsen - "Line Goes Up - The Problem with NFTs", which, despite its title, gives a wide ranging review of the whole crypto arena. I warn you though, at over 2 hours long, it's not for the faint hearted. Link to comment Share on other sites More sharing options...
ChrisY1 Posted January 27, 2022 Share Posted January 27, 2022 Crypto will continue to be used for payments...regardless government intervention. 1 Link to comment Share on other sites More sharing options...
Caldera Posted January 27, 2022 Share Posted January 27, 2022 I'm devastated that I won't be able to pay the pizza delivery guy in bitcoin anymore. Devastated! Link to comment Share on other sites More sharing options...
DJ54 Posted January 27, 2022 Share Posted January 27, 2022 I know nothing about crypto ... read story about Rams WR Odell Beckham Jr. recent experience... Link to comment Share on other sites More sharing options...
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