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IMF updates balance of payments standards to reflect digital assets

March 24, 2025

The newly released Balance of Payments Manual, Seventh Edition (BPM7), classifies cryptocurrencies like Bitcoin as non-produced, nonfinancial assets, while certain tokens are treated similarly to equity holdings.

Trump names bitcoin, ether, XRP, solana and cardano for strategic reserve

March 03, 2025

US President Donald Trump on social media announced the names of five digital assets he expects to include in a new US strategic reserve of cryptocurrencies on Sunday, spiking the market value of each.

Crypto markets set for strong 2025 following record-breaking 2024

THURSDAY, JANUARY 02, 2025

Approval of Bitcoin spot ETFs was a crucial catalyst, attracting institutional investors

Pichai leaves the door open for Phuket sandbox on cryptocurrency

FRIDAY, DECEMBER 20, 2024

Finance minister stresses that Bitcoin would not replace existing currencies should a sandbox be introduced on the holiday island

Bitcoin soars to $104,000, up 126% since January 1

THURSDAY, DECEMBER 05, 2024

The price of Bitcoin hit US$100,000 for the first time in history on Thursday, thanks to demand from Bitcoin exchange-traded funds (ETFs), which has led to tightening of supply after Bitcoin’s fourth halving in April and Donald Trump's US election win.

Cryptocurrency markets post-election: A new era in global finance

SUNDAY, NOVEMBER 17, 2024

The surge of Bitcoin to a new all-time high surpassing $88,000 following the U.S. primary elections marks more than just market optimism – it signals a fundamental transformation in the global financial system.

2 held for modifying power meters to run bitcoin mines in Surat Thani

TUESDAY, NOVEMBER 12, 2024

Police track down suspects after Provincial Electricity Authority finds it has been defrauded out of approximately 10 million baht thanks to the tampering of meters in nine locations

Digital assets continue to offer high growth potential in long run

SUNDAY, NOVEMBER 10, 2024

The global cryptocurrency market has grown 68 per cent year-to-date and would grow further in the next 3-5 years, Cryptomind CEO Sanjay Popli said on Saturday.

MEA urges public support for crackdown on illicit bitcoin mining

SATURDAY, AUGUST 17, 2024

The Metropolitan Electricity Authority (MEA) is urging the public to report any suspected cases of electricity theft for bitcoin-mining operations, according to a statement released on Saturday.

Seminar advises local investors on the pros and cons of digital assets

WEDNESDAY, JULY 31, 2024

Thailand’s digital asset experts are urging local investors to position themselves for a bull market, emphasising that now is the ideal time to invest in alternative assets.

Bitcoin mining machines worth THB200 million seized in two provinces

SUNDAY, APRIL 28, 2024

A total of 652 bitcoin mining machines, estimated to be worth 200 million baht, were seized by Thai cyber police after conducting raids in Samut Sakhon and Ratchaburi provinces.

Exchange platform CEO’s advice to Thai investors as bitcoin set for halving

THURSDAY, APRIL 11, 2024

The upcoming halving of bitcoin has the potential to reshape the digital asset landscape, and Thai investors should use this opportunity to gain exposure to this alternative investment asset, according to Nirun Fuwattananukul, the CEO of Gulf Binance Thailand.

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