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Tambon freezes plan to buy more controversial street lights bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Thailand bans meme coins and NFTs as part of crypto crackdown engadget.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from engadget.com Daily Mail and Mail on Sunday newspapers.
Half-way through his four-year term, Prime Minister Prayut Chan-o-cha has time and again shown his staying power in the face of popular discontent. Despite a subpar economic performance and persistent controversies from his cabinet's incomplete oath of office and a cabinet minister's past drug conviction and imprisonment in Australia to his own house on army premises after retirement, the former army chief, who led the military coup in May 2014 to take over as prime minister, has proved politically resilient. ....
Thailand requires in-person KYC for new digital currency exchange signups Business New digital currency traders in Thailand will be required to physically present themselves when they open new accounts on exchanges. This is after the country’s regulators revealed a new stringent KYC process that is seeking to stamp out money laundering, scams and other illegal activities from the industry. The new regulations kick in starting September. Currently, Thai exchanges conduct the onboarding process entirely online from the application, to the ID submission, verification and account opening. However, according to a report by the Bangkok Post this all changes in three months’ time. The Thai Anti-Money Laundering Office (AMLO) has mandated all exchanges to use the dip-chip machine for identity verification. This machine scans a chip embedded on the Thai national identity card, requiring the customer to be physically present. ....