Thailand's cabinet on March 13 agreed to draft a law to oversee cryptocurrency trading and tax the largely unregulated market (Illustrative photo: NBC)
Bangkok (VNA) - Thailand's cabineton March 13 agreed to draft a law to oversee cryptocurrency t🌟rading and tax𓂃 thelargely unregulated market.
Deputy Prime Minister Somkid Jatusripital’sspokesman Nathporn Chatusripitak said the Ministry of Finance also proposed newregulations to help prevent use of digital currencies in money laundering andfraud. Thailand’s Revenue Departmenthas recently asked the cabinet to amend the new revenue code which wouldinclude a proposed 10 percent capital gains tax on profits from trading indigital currencies. Governor of the Bank of Thailand (BOT) VeerathaiSantiprabhob told reporters that the country will have a law to comprehensivelyregulate all aspects of the cryptocurrency market including ICO (Initial CoinOfferings) in April. The new law will allow the Securities and ExchangeCommission (SEC) of Thailand to manage ICO trading. SEC Secretary-General RapeeSucharitakul has revealed that a royal decree is commonly seen as the path toempower the SEC to regulate all aspects of the crypto sector includingcryptocurrency exchanges and ICO fundraising. In September, SEC revealed apositive outlook toward ICO, stressing it realises the potential of ICO inbringing new forms of funding for businesses and start-ups. Chairman of the Thai FintechAssociation Korn Chatikavanij, who previously served as the country’s Finance Ministerbetween the end of 2008 and mid-2011, said his organisation supports the newplan. He agreed with the FinanceMinistry’s view of letting the SEC be the only organisation governing digitalassets, because it already oversees securities and has a profound understandingof digital assets. Earlier this year, the BOT issued a circularasking domestic commercial banks and financial institutions to refrain fromtrading and investing in crypto, as well as prohibiting their participation inand creation of crypto exchanges and trading platforms.-VNA
The Central Bank of Malaysia (BNM) initiated a policy compelling digital currency exchangers to report their activities, reported The Star newspaper on December 15.
The Bank of Thailand (BOT) has said that crypto currencies are not legal tender and it will join hands with the Anti-Money Laundering Office to prevent the illicit use of virtual currency bitcoin.
Indonesian authorities are investigating the use of bitcoin on the resort island of Bali after the central bank gave warnings on risks posed by virtual currencies.
Malaysian police are working closely with the country’s central bank to handle cheating cases involving crypto-currency Bitcoin, the New Straits Times reported on February 26.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Thailand's cabinet on March 13 agreed to draft a law to oversee cryptocurrency trading and tax the largely unregulated market (Illustrative photo: NBC) 
