Thailand’s crypto industry has grown to overtake the entire economies of Argentina and Turkey despite the country remaining 7under Junta rule. One of the few Asian nations in which Blockchain is allowing unrestricted financial management, the future looks promising despite several attempts to enforce restrictions. Thailand has been ruled by a military government ever since the coup which occurred in 2013. With the Royal Thai army in charge of all government affairs crypto use restrictions…
The National Bank of Thailand, prior to this time maintained stiff regulations on cryptocurrency dealings, with prohibition of Thai banks from providing crypto-related services from investing, trading and contributing to establishment of crypto exchanges for customers and the public. Furthermore, the Thai central bank also prohibited its banks from offering advice to members of the public as regards crypto investments or trading, and a firm ban on crypto purchases using bank credit cards.…
Entertainment and the cinema giant, Major Cineplex has become the latest partner of Swiss crypto payments group RapidzPay. The partnership was announced in a signing ceremony held in Thailand earlier this month. It is hoped the crypto platform RapidzPay will enable the cinema group to accept crypto payment throughout their branches. From allowing users to pay for movie tickets to the purchase of confectionary, crypto is set to be integrated throughout the Major Cineplex ecosystem.…