30 Jul '13, 6am

Thailand Government declares Bitcoin illegal, trading suspended indefinitely

Thailand Government declares Bitcoin illegal, trading suspended indefinitely

Thailand has declared Bitcoin as illegal following which all trading activities related to the electronic currently has been suspended indefinitely. Through a message posted on its website , the Bitcoin Co. Ltd. has said officials of the Foreign Exchange Administration and Policy Department cited absence of applicable laws, capital controls “and the fact that Bitcoin straddles multiple financial facets” as reasons because of which the virtual currency is illegal. Following this ruling activities such as buying & selling of Bitcoins, buying or selling any service in exchange of Bitcoins, sending Bitcoins to anyone located outside of Thailand, and receiving Bitcoins from anyone outside of Thailand are illegal. This has forced the company to indefinitely suspend operations up until the government has updated its laws such that it will allow existence of Bitcoin. Over the last...

Full article: http://www.paritynews.com/2013/07/30/thailand-government-...

Tweets

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...

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...

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, ...

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...

#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...

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 ...

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...

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...

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 ...

Has #Bitcoin really been banned in #Thailand? @...

asiancorrespondent.com 31 Jul '13, 2am

Trading suspended due to Bank of Thailand advisement July 29, 2013 The purpose of the following statement is designed only...

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. ...

#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...

Is Bitcoin Really Illegal in Thailand?

networkedblogs.com 01 Aug '13, 4pm

close Share Tweet Email Up Follow Mashable