17 Feb '14, 6am

Bank of Thailand says country’s top Bitcoin exchange can resume operations

It’s been months since Thailand’s largest Bitcoin exchange was forced to stop trading after the Bank of Thailand ruled that Bitcoin is “not a currency”. However, as of February 15 , Thailand’s Bitcoin.co.th is ready to operate all types of Bitcoin transactions once again. In August last year, the Bank of Thailand ruled that Bitcoin was “illegal” in the country. It wasn’t illegal per se as the bank can’t make laws, but the bank stated it didn’t approve of Bitcoin as a currency in Thailand. That meant Bitcoin.co.th wasn’t authorized to operate in Thailand and all its transactions were banned in the country. At that time, the Bitcoin exchange sent in a petition to the government for it to be able to operate in the country. (See: Which Asian countries get along best with Bitcoin? Here’s our guide ) Here’s a brief timeline of what happened from then until now. On August 12, 201...

Full article: http://www.techinasia.com/bank-thailand-countrys-top-bitc...

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Thailand’s top Bitcoin exchange resumes trading...

thenextweb.com 17 Feb '14, 6am

Last July, Thailand’s top Bitcoin exchange shut down following pressure from the Bank of Thailand. Now, more than six mont...

Thailand’s top Bitcoin exchange resumes trading...

thenextweb.com 17 Feb '14, 6am

Last July, Thailand’s top Bitcoin exchange shut down following pressure from the Bank of Thailand. Now, more than six mont...

Bitcoin Exchange MtGox Says Withdrawals Will Resume Soon, But At A Limited Pace

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