“It’s been months since Thailand’s largest Bitcoin exchange was forced to stop trading after the Bank of Thailand ruled that Bitcoin is ‘not a currency’. However, as of February 15, Thailand’s Bitcoin.co.th is ready to operate all types of Bitcoin transactions once again. From the Bank of Thailand’s letter (PDF in Thai), the current situation is that Bitcoin can be traded in Thailand so long as it’s only converted to/from Thai baht. So Bitcoin cannot be used as a way of converting foreign currencies in the nation. The country’s top bank says it has no plans to expand the laws to regulate Bitcoin.”
http://www.techinasia.com/bank-thailand-countrys-top-bitcoin-exchange-resume-operations/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Croatian central bank establishes that Bitcoin is legal in Croatia
GOP Senator: Phone Records Not Enough, Calls For NSA Expansion
Williams-Sonoma Pulls Pressure Cookers From Store Shelves
Former Cops Speak Out About Police Militarization
All-Time High Unemployment: Depression In Europe Getting Deeper
TSA remains terrible at securing transportation, internal report shows
Former Cop Who Claimed Disability Loses Pension After Wrestling In Reality TV Show
Did Obama Violate Copyright Law Watching the Super Bowl?
IRS Agents Rob Convenience Store
The Man Who Lost $2 Million an Hour!
UN Seeking Global Internet Surveillance for Terror, Propaganda
Russia Restructures Cyprus Debt; Cyprus Prohibits US Strikes On Syria
Trump's Medical Marijuana Threat Contradicts the Law and His Own Position
When Proactive Policing Becomes Harassment
Google Launches Tools For Evading Government Control