Bank of Thailand announces a ban on using cryptocurrency for goods and services payments, starting April 1st

Bangkok –   The Bank of Thailand (BOT) has insisted on a cryptocurrency ban for goods and services payments in Thailand, reasoning that it was not a suitable medium as there was already a current digital payment system (Promptpay). BOT Governor Sethaput Suthiwartnarueput revealed yesterday, March 23rd, that the reason why the BOT considers cryptocurrency … Continue reading Bank of Thailand announces a ban on using cryptocurrency for goods and services payments, starting April 1st