ThailandCrypto
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đčđđŒ Thailand's future leader exhibits cryptocurrency-friendly stance! đđ± CoinDesk reports that Srettha Thavisin, set to become Thailand's next prime minister, is cryptocurrency-friendly. As the former CEO of real estate developer Sansiri, Thavisin was involved in the digital asset industry before entering politics. Sansiri's investment in Thai digital asset service firm XSpring in 2021 underscores his digital interest. Thavisin also promised to provide a blockchain-based digital currency (cryptocurrency) valued at 10,000 baht ($300) to certain Thai citizens aged 16 or older if the Puer Thai Party wins the general elections in May. Stay tuned for potential crypto developments in Thailand! đïžđ #CryptoFriendlyLeadership #ThailandCrypto #BitcoinWorld
https://cointelegraph.com/news/thailand-blocks-unlicensed-crypto-exchanges-online-crimes
#DYOR #notafinicialadvice
$BNB #ThailandCrypto
#DYOR #notafinicialadvice
$BNB #ThailandCrypto
đšBREAKINGđš
đčđThe Securities and Exchange Commission of Thailand (SEC Thailand) has launched a Digital Asset Regulatory Sandbox to test crypto services. $BTC đ #ThailandCrypto #SECThailand #Sandbox
đčđThe Securities and Exchange Commission of Thailand (SEC Thailand) has launched a Digital Asset Regulatory Sandbox to test crypto services. $BTC đ #ThailandCrypto #SECThailand #Sandbox
đšThailand authorities raid illegal mining operation west of Bangkokđš
The authorities conducted the raid, in which no arrests were made, after receiving several complaints of frequent power outages in the area.
Thailand authorities raided an illegal Bitcoin (BTC) mining operation in Ratchaburi, a town west of Bangkok on Friday, the South China Morning Post reported on Sunday. The raid took place after several residents in the area complained of frequent blackouts for over a month.
Jamnong Chanwong, a chief district security officer, said:
âWe found bitcoin mining rigs, pointing to people using this house to operate a mine and using power they didnât fully pay for.â
According to Chanwong, records indicated that the raided house was consuming an unusually large amount of electricity. However, the residents were not paying for most of the consumed power.
Chanwong said that the authorities visited the house in question on Thursday but were denied entry by a guard. Subsequently, the authorities went back with a search warrant the next day to conduct the raid.
During the raid, the police and officials from the Provincial Electricity Authorities (PEA) discovered that most of the mining equipment had already been relocated.
The raided house was rented by a company for four months but residents started complaining of power outages last month, when the mining operation was likely in full swing.
While no one was arrested during the raid, this is the fourth raid the authorities have conducted on illegal Bitcoin mines in the Ratchaburi region.
Illegal Bitcoin mines on the rise
Bitcoin miners are treated as manufacturers in Thailand and are subject to associated taxes. However, illegal mining operations have been increasing over the years, not just in Thailand but across Southeast Asia.
According to a report published by Malay Mail last month, illegal mining operations are to be blamed for electricity thefts worth $723 million between 2018 and 2023. To control the epidemic, Malaysian authorities destroyed Bitcoin mining rigs worth over $1.2 million confiscated from illegal operations.
Thailand has been implementing crypto regulations aimed at protecting investors while encouraging innovation. The Thailand Securities and Exchange Commission started allowing retail investors to purchase digital assets backed by real estate or infrastructure projects.
However, rising cases of illegal mining in Thailand indicate a need for stricter enforcement of laws.
#ThailandCrypto #MtGoxRepayments #CryptoMarketMoves
Thailand authorities raided an illegal Bitcoin (BTC) mining operation in Ratchaburi, a town west of Bangkok on Friday, the South China Morning Post reported on Sunday. The raid took place after several residents in the area complained of frequent blackouts for over a month.
Jamnong Chanwong, a chief district security officer, said:
âWe found bitcoin mining rigs, pointing to people using this house to operate a mine and using power they didnât fully pay for.â
According to Chanwong, records indicated that the raided house was consuming an unusually large amount of electricity. However, the residents were not paying for most of the consumed power.
Chanwong said that the authorities visited the house in question on Thursday but were denied entry by a guard. Subsequently, the authorities went back with a search warrant the next day to conduct the raid.
During the raid, the police and officials from the Provincial Electricity Authorities (PEA) discovered that most of the mining equipment had already been relocated.
The raided house was rented by a company for four months but residents started complaining of power outages last month, when the mining operation was likely in full swing.
While no one was arrested during the raid, this is the fourth raid the authorities have conducted on illegal Bitcoin mines in the Ratchaburi region.
Illegal Bitcoin mines on the rise
Bitcoin miners are treated as manufacturers in Thailand and are subject to associated taxes. However, illegal mining operations have been increasing over the years, not just in Thailand but across Southeast Asia.
According to a report published by Malay Mail last month, illegal mining operations are to be blamed for electricity thefts worth $723 million between 2018 and 2023. To control the epidemic, Malaysian authorities destroyed Bitcoin mining rigs worth over $1.2 million confiscated from illegal operations.
Thailand has been implementing crypto regulations aimed at protecting investors while encouraging innovation. The Thailand Securities and Exchange Commission started allowing retail investors to purchase digital assets backed by real estate or infrastructure projects.
However, rising cases of illegal mining in Thailand indicate a need for stricter enforcement of laws.
#ThailandCrypto #MtGoxRepayments #CryptoMarketMoves
joint venture between Binance & Gulf Innova, By Thailand
. It is licensed by Thailand's Ministry of Finance and regulated by Thailand SEC.Thailand is making tax friendly trading experience. Thailand will also offer visa service in future.#gulf #binanc #Thailand #ThailandCrypto
đ Exciting News Alert! đ
đ Thailand has taken a giant leap forward in the crypto world by abolishing taxes on crypto gains, paving the way to becoming a digital assets hub! đčđ Bye-bye, 7% VAT! Hello, 0% tax!
đ It's time for India to take notes and embrace the future of finance! Let's reduce crypto tax and unleash the full potential of digital assets in our country! đ°đĄ #ReduceCryptoTax #IndiaCryptoRevolution
Join the movement for a brighter, tax-free crypto future! âšđ #ThailandCrypto #DigitalAssetsHub #Write2Earn
đ Thailand has taken a giant leap forward in the crypto world by abolishing taxes on crypto gains, paving the way to becoming a digital assets hub! đčđ Bye-bye, 7% VAT! Hello, 0% tax!
đ It's time for India to take notes and embrace the future of finance! Let's reduce crypto tax and unleash the full potential of digital assets in our country! đ°đĄ #ReduceCryptoTax #IndiaCryptoRevolution
Join the movement for a brighter, tax-free crypto future! âšđ #ThailandCrypto #DigitalAssetsHub #Write2Earn
A Thai man disguised as a woman and tricked men into transferring $341 million in crypto. đčđ
Over the past year, a fraud operation silently conducted in Thailand's nightlife scene was uncovered thanks to the meticulous efforts of its victims. A man known as "Aat," who disguised himself as a woman named "Jintana" at night, ensnared wealthy and intoxicated men. This elaborate scam resulted in a heist of approximately $341 million in the cryptocurrency world.
Aat, taking the stage as "Jintana" under the cover of darkness, frequented Thailand's most popular nightclubs. With a beautiful and captivating appearance, Aat attracted the attention of rich and drunk patrons, fostering intimacy to persuade them to accompany him to hotel rooms. However, instead of romantic moments, these rooms saw the victims being drugged into unconsciousness.
Aat's main objective was to gain access to his victims' cryptocurrency accounts. Using their phones and computers while they were unconscious, he accessed their crypto exchange accounts and transferred millions of dollars in cryptocurrency to his own wallets. Many victims remained unaware of the situation or were too embarrassed to report it to the police.
Recently, a large-scale operation conducted by the victims led to Aat's capture. The evidence obtained revealed the extent and complexity of the scam. The spokesperson for the Thai victims stated that Aat had stolen approximately $341 million in total over this period, primarily in BTC, ETH, SOL, and USDT.
This astonishing scam highlights the vulnerabilities in the cryptocurrency world. Security experts warn users to be more vigilant against such threats and to enhance their account security.
This fraud case in Thailand exposes the dark side of both nightlife and the cryptocurrency world, emphasizing the importance of security measures. While it may be too late for the victims, this incident serves as a crucial lesson for other users.
#Thailand #ThailandCrypto #Thai #scammeralert #SCAM
Over the past year, a fraud operation silently conducted in Thailand's nightlife scene was uncovered thanks to the meticulous efforts of its victims. A man known as "Aat," who disguised himself as a woman named "Jintana" at night, ensnared wealthy and intoxicated men. This elaborate scam resulted in a heist of approximately $341 million in the cryptocurrency world.
Aat, taking the stage as "Jintana" under the cover of darkness, frequented Thailand's most popular nightclubs. With a beautiful and captivating appearance, Aat attracted the attention of rich and drunk patrons, fostering intimacy to persuade them to accompany him to hotel rooms. However, instead of romantic moments, these rooms saw the victims being drugged into unconsciousness.
Aat's main objective was to gain access to his victims' cryptocurrency accounts. Using their phones and computers while they were unconscious, he accessed their crypto exchange accounts and transferred millions of dollars in cryptocurrency to his own wallets. Many victims remained unaware of the situation or were too embarrassed to report it to the police.
Recently, a large-scale operation conducted by the victims led to Aat's capture. The evidence obtained revealed the extent and complexity of the scam. The spokesperson for the Thai victims stated that Aat had stolen approximately $341 million in total over this period, primarily in BTC, ETH, SOL, and USDT.
This astonishing scam highlights the vulnerabilities in the cryptocurrency world. Security experts warn users to be more vigilant against such threats and to enhance their account security.
This fraud case in Thailand exposes the dark side of both nightlife and the cryptocurrency world, emphasizing the importance of security measures. While it may be too late for the victims, this incident serves as a crucial lesson for other users.
#Thailand #ThailandCrypto #Thai #scammeralert #SCAM
