Foreign tourists in Thailand can claim valued-added tax (VAT) refunds through a blockchain-based application from November 28, 2019. The name of the application has not yet been revealed.
Thailand’s Finance Minister…
The Thai Digital Asset Association (TDAA) was officially launched on November 14, 2019 at the Securities Exchange Commission (SEC) of Thailand. The TDAA aims to explore more opportunities in utilizing…
The Securities and Exchange Commission (SEC), Thailand expects to start a pilot case applying blockchain to traditional securities issuance in 2020. The plan will be further discussed with the Capital…
HSBC Singapore announced a trial with Singapore Exchange (SGX) and Temasek to explore the utilization of blockchain for bond issuance with the focus on Asian bond markets.
According to HSBC, Asia’s…
China could launch its digital currency in the next 2-3 months, says Jack Lee, managing partner of HCM Capital. Speaking to CNBC news presenter Tanvir Gill at the Singapore FinTech…
Facebook launched “Facebook Pay”, a new fiat payment system, on November 12. The payment system is said to be designed to facilitate payments on Facebook, Messenger, Instagram and WhatsApp.
Deborah Liu,…
Ho Chi Minh (HCM) City plans to develop a blockchain infrastructure to support its initiative of smart city transformation. Blockchain will help lessen risk and streamline processes, according to a…
The State Administration of Foreign Exchange (SAFE), China’s foreign currency exchange regulator, has expanded its blockchain cross-border financing pilot program from nine provinces and cities to 19.
In October, Lu Lei,…
Krungsri bank has introduced Krungsri Blockchain Interledger, which allows customers to transfer money from Thailand to Laos and vice versa in a fraction of the transfer time.
Normally, it takes 1–3…
E-commerce giant Alibaba recently announced its partnership with Lolli, a rewards application, to allow online shoppers in the United States of America to earn 5 % back in bitcoin.
The collaboration…