
“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/
Related posts:
The Skinny on Breadth
Kerry Bloody Hands Protest
Report: Iraq, Afghanistan Wars Will Cost U.S. $4-6 Trillion Dollars [2013]
Why Police Prefer Drug Raids Over Investigating Violent Crimes
Jim Sinclair: Swiss Bank Refuses Physical Gold Delivery On "Anti-Terrorism" Grounds
Police Whistle-blower Justin Hanners: Founding Member of Liberty.me
Terrorism: The Latest Salvo on LNG Exports
Should you buy some bitcoins?
Meet the Anarchists Making Their Own Medicine
Chinese fish vendor finds live bomb inside squid’s stomach
Highway Robbery: How Your Taxes Subsidize the California Lifestyle
Campaign to Salvage Central Banking
Evil octopus strangling the world becomes latest US intelligence seal
U.S. General Spits on Constitution
What’s the Difference Between Romneycare and Obamacare?