Project mBridge reveals details of its workings ahead of MVP, commercial debut
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is. Go to Source
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Singapore plans joint crypto pilots with Japan, Switzerland and UK
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project. Go to Source
Thailand’s KBank acquires crypto exchange business Satang
Thailand’s second-largest lender by assets, Kasikornbank, is moving into crypto by acquiring a majority stake in the local crypto business Satang. Go to Source
Thailand delays digital money handout, critics call for probe
Thailand’s government has delayed the launch of a planned digital money program aimed at stimulating its economy, while opposition leaders call for a probe of the scheme. Go to Source
mBridge CBDC project preparing for new members, launch of minimum viable product
The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified. Go to Source
Thailand to start taxing overseas income next year, including from crypto
Any person who resides in Thailand for up to 180 days, would be subject to personal income tax on foreign assets, including crypto. Go to Source
Second-largest Thai bank creates $100-million AI fund
The fund, named KXVC, will target AI, Web3, and Deep Tech startups with a focus on the Asia-Pacific region. Go to Source
Thai authorities arrest five in 3,200-victim, $27M crypto scam
Victims lost over $27 million worth of Thai bhat after investing in a fraudulent cryptocurrency investment platform. Go to Source
Thailand’s next prime minister Srettha Thavisin has crypto history
Sansiri, one of the largest real estate firms in Thailand, once had Srettha Thavisin as CEO. The firm is known for backing crypto projects like XSpring. Go to Source
Thailand threatens Facebook over crypto scams and other fraudulent ads
Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams. Go to Source
