29 Jul '13, 7pm

Bitcoin

In a statement on its website , Bitcoin said it had given a presentation to the Bank of Thailand about how the currency works in a bid to operate in the country. However, at the end of the meeting, "senior members of the Foreign Exchange Administration and Policy Department advised that due to lack of existing applicable laws, capital controls and the fact that Bitcoin straddles multiple financial facets... Bitcoin activities are illegal in Thailand". The ruling means it is illegal to buy and sell bitcoins, buy or sell any goods or services in exchange for bitcoins, send any bitcoins to anyone outside of Thailand, or receive bitcoins from anyone outside the country. Bitcoin said it "has no choice but to suspend operations until such as time that the laws in Thailand are updated to account for the existance [sic] of Bitcoin", adding that "the Bank of Thailand has said they ...

Full article: http://www.telegraph.co.uk/finance/currency/10210022/Bitc...

Tweets

Bitcoin banned in Thailand

cnbc.com 30 Jul '13, 10am

Virtual currency bitcoin has been banned in Thailand, according to a prominent bitcoin exchange that operates in the South...

Thailand may not have banned Bitcoin after all ...

thenextweb.com 30 Jul '13, 7pm

Just typical. I took today off of work and my adopted homeland of Thailand made global headlines after a local startup cla...

Thailand Just Became Test Bed For What Happens When Bitcoin Is Banned by @danstuckey @motherboard

Thailand Just Became Test Bed For What Happens ...

motherboard.vice.com 29 Jul '13, 9pm

After a whole-hearted attempt to set up shop as a transparent bitcoin exchange, Bitcoin Co. Ltd. has been shutdown by the ...

Bitcoin is now illegal in Thailand

blogs.marketwatch.com 29 Jul '13, 6pm

3:49p American biotech pushes for fewer Europe barriers 3:42p U.S. dollar falls below 98 Japanese yen 3:41p The lunch of t...

Thailand verbiedt Bitcoin

nu.nl 29 Jul '13, 4pm

De centrale bank van Thailand heeft besloten dat de handel in, en het gebruik van de virtuele valuta Bitcoin illegaal is. ...

Thailand bans using Bitcoin in any way, local s...

arstechnica.com 29 Jul '13, 10pm

A Bitcoin startup based in Thailand now says that it has suspended all operations because the Bank of Thailand has effecti...

Bitcoin ruled illegal in Thailand

bitcoin.co.th 29 Jul '13, 12pm

Trading suspended due to Bank of Thailand advisement July 29, 2013 During the past several months Bitcoin Co. Ltd., in Tha...

#Bitcoin just became illegal in Thailand: #btc

#Bitcoin just became illegal in Thailand: #btc

dailydot.com 29 Jul '13, 5pm

In a country where Bitcoin is illegal, only criminals will use Bitcoin. The world’s most popular peer-to-peer electronic c...

#SuryaRay

gigaom.com 30 Jul '13, 2pm

A Bitcoin exchange in Thailand has suspended its services because, it claims, it has been informed by the country’s centra...

Thailand becomes the first country to reject Bitcoin

Thailand becomes the first country to reject Bi...

rt.com 30 Jul '13, 8am

Thailand becomes the first country to reject Bitcoin Published time: July 30, 2013 08:47 Get short URL Tags Currencies , G...

Bitcoin-Verbot in Thailand

heise.de 30 Jul '13, 12pm

Die Zentralbank Thailands (Bank of Thailand) hat ein Verbot des An- und Verkaufs der virtuellen Währung Bitcoin ausgesproc...

Thailand Government Declares Bitcoin Illegal

yro.slashdot.org 30 Jul '13, 12pm

hypnosec writes that the government of Thailand "has declared Bitcoin illegal following which all trading activities relat...

Bitcoin tries to become a legal currency in Tha...

theverge.com 29 Jul '13, 9pm

From there, the Bank of Thailand invited the Bitcoin team to a conference to further educate them on how the currency work...

Bank of Thailand allegedly declares bitcoin illegal, Thai exchange suspends trading

Bank of Thailand allegedly declares bitcoin ill...

coindesk.com 29 Jul '13, 9pm

A Thai bitcoin exchange has suspended trading alleging that the Bank of Thailand has declared the cryptocurrency illegal, ...

beyondbrics: Thailand bans Bitcoin

blogs.ft.com 30 Jul '13, 7am

After more than three years of fully open access, we are asking our readers to register on FT.com to read our articles for...