29 Jul '13, 9pm

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

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

A Thai bitcoin exchange has suspended trading alleging that the Bank of Thailand has declared the cryptocurrency illegal, throwing the community into heated debate. Bitcoin Co Ltd, a Thai exchange, posted a note on its website saying that the Bank of Thailand held a conference earlier today to discuss the exchange’s business operations. “At the conclusion 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 the following Bitcoin activities are illegal in Thailand,” says the post. It outlined the purchase or sale of bitcoins themselves as illegal, alongside the buying and selling of goods or services in exchange for bitcoins. Sending or receiving bitcoins to or from anyone outside Thailand would also be il...

Full article: http://www.coindesk.com/bank-of-thailand-allegedly-declar...

Tweets

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...

Thailand Government declares Bitcoin illegal, trading suspended indefinitely

Thailand Government declares Bitcoin illegal, t...

paritynews.com 30 Jul '13, 6am

Thailand has declared Bitcoin as illegal following which all trading activities related to the electronic currently has be...

Thai central bank rules Bitcoin to be illegal

Thai central bank rules Bitcoin to be illegal

wired.co.uk 29 Jul '13, 3pm

Senior members of the Foreign Exchange Administration and Policy Department concluded that because there were no existing ...

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 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’s government rules Bitcoin as illegal,...

thenextweb.com 30 Jul '13, 4am

Thailand’s government has ruled electronic currency Bitcoin as illegal in the Southeast Asian country, leading to an indef...

Thailand’s government rules Bitcoin as illegal,...

thenextweb.com 30 Jul '13, 4am

Thailand’s government has ruled electronic currency Bitcoin as illegal in the Southeast Asian country, leading to an indef...

Thai Bitcoin exchange suspends trading

theguardian.com 31 Jul '13, 6am

A Bitcoin exchange in Thailand says it has suspended trading after officials declared the virtual currency illegal. The co...

#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...

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. ...

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...

Bitcoin

telegraph.co.uk 29 Jul '13, 7pm

In a statement on its website , Bitcoin said it had given a presentation to the Bank of Thailand about how the currency wo...

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 ...

Is Bitcoin Really Illegal in Thailand?

techinasia.com 01 Aug '13, 3am

On July 30th, there was news that Thailand’s national bank had ruled Bitcoin illegal . Of course, this came in as a shock ...

Is Bitcoin Really Illegal in Thailand?

networkedblogs.com 01 Aug '13, 4pm

close Share Tweet Email Up Follow Mashable