Thailand
Both Teams To Score Tips For Accumulators: Best BTTS Tips Today Tuesday 31st May 2022
We’re taking a look ahead to Tuesday’s fixtures, with action happening across the international football stage, Algeria and Sweden. There are three ‘both teams to score’ selections in total, and a combined accumulator has odds amounting to roughly 4/1. 888Sport are also offering customers the chance to claim £30 in free bets – read on to find out more. Top 5 New Football Betting Sites Sites Highlights Register 4. Bet £10 Get £20 In Free Bets Both Teams To Score Tips With a combined total odds of roughly 4/1, a £30 stake using 888Sport’s welcome bonus would yield a returns of around £150! How to Claim the 888Sport Betting Offer? 888Sport’s offer is one of the best around and is simple to claim. Follow our three-step guide below, your £30 worth of free bets. Click here to sign up to 888sport...
Weekly Report: Thailand, Honduras and Malaysia mull over crypto adoption as Ireland and UK regulators clamp down on ads
Honduras’ central bank has denied any plans of adopting a Bitcoin legal tender The Thai SEC cites risks to financial and economic stability as the reason why it has banned crypto payments The Central Bank of Ireland warns against the “risky and speculative nature” of crypto and the aggressive promotion/ ads coming with it The Bank of England says the Ukraine situation has made it even more essential to establish effective policies frameworks around crypto Malaysia’s ministry of finance stands firm against the idea of legalising crypto, says the country will focus on a CBDC instead This week, the focus has been on crypto regulation, with authorities and market regulators around the world making statements in that regard. Here are the details: Honduras central bank di...
Binance back in Malaysia via a strategic stake in regulated digital exchange
Binance, the world’s leading crypto exchange by trading volume is returning to the Malaysian markets with a strategic stake in the country’s regulated digital asset trading platfrom MX Global. Binance and Cuscapi Berhad acquired a key stake in MX Global, one of the four Recognized Market Operators – Digital Asset Exchange licensed by the Securities Commission (SC) in Malaysia. Hello Malaysia. https://t.co/vsHzHlm7KI — CZ Binance (@cz_binance) March 1, 2022 The leading crypto exchange has a significant presence in the Asian region and with its new partnership in Malaysia, the exchange aims to expand the sustainable growth of the crypto market in Southeast Asia. MX Global, on the other hand, aims to bank on the recent partnership and new flow of capital to expand its market a...
Backlash pushes Thailand to cancel a planned 15% levy on crypto gains
Thailand has cancelled proposed plans to implement a tax on cryptocurrencies The proposal had seen pushback from both industry stakeholders and the public. Thailand has halted plans to enforce a 15% withholding tax on cryptocurrency transactions. According to a Financial Times report published yesterday, the government resorted to dropping the plan altogether following sustained disapproval from members of the public. Stakeholders in the industry had also become anxious over the potential impact of excessive taxation on a still-growing crypto sector. However, the government seems to have found a middle-ground as the new rules would allow investors to offset their losses against gains annually. Crypto traders will report their proceeds from mining or trading crypto assets as capital ga...
Weekly Report: Crypto markets suffer mid-week blow as SEC bins another Bitcoin ETF proposal
The SEC rejected yet another crypto ETF proposal and punted on two others Reddit follows Twitter in introducing NFT avatar support Thailand regulators are looking to curtail the use of crypto in settling payments US financial markets watchdog is probing top crypto platforms over high-yield crypto products The cryptocurrency sector is reeling from a broad mid-week sell-off triggered by remarks from Fed Chair Jerome Powell on the US monetary policy. Bitcoin lost grip on the $37,000 level earlier today and is currently trading at $36,250. Ethereum has lost 3.15% in the last 24 hours and is swinging around $2,370. Cardano, Solana and Terra native tokens are also down on the day with double-digit losses over the last seven days. Terra’s LUNA has the biggest slump, dipping almost 35% since...
Crypto taxation could deter investors, says Thai ruling party MP
Thailand’s Committee on Monetary Affairs, Finance, Financial Institutions and Financial Market conducted a virtual meeting to discuss various aspects of crypto taxation. The ruling party MP Watanya Wongopasi posted a summary of the discussion on her Facebook page and urged the Excise department to do their due diligence before imposing any tax on the crypto trading market. In the meeting, Paiboon Nalinthrangkurn, the chairman of the Federation of Thai Capital Market Organisations noted that a tax on stock trading and digital asset trading could decrease market liquidity by 40%. He also warned that heavy taxation would deter foreign and small investors from trading. Yutthana Srisavat, the CEO and founder of iTax proposed a corporate tax or a value-added tax instead of imposing a trading tax...
Binance partners with Gulf Energy to set up a digital asset exchange in Thailand
Last year, Binance received a criminal complaint from the Thailand SEC over unlicensed operation Thailand-based Gulf Energy Development Public Company has reached an agreement with crypto exchange Binance to explore avenues leading to the development of a digital asset trading platform and related business in the country. A letter sent to The Stock Exchange of Thailand on Monday revealed an MoU reached between the two parties that would see Binance help advance blockchain technology and scale the development of digital assets in the country. Gulf Energy is said to have banked its decision to complete the agreement with Binance in the hopes that the infrastructure around Thailand’s digital economy would proliferate in the coming years. The firm explained that with a combination ...
Crypto fraudster arrested in Thailand for duping and stealing $15M from victims
The suspect is said to have collaborated with others to steal from unsuspecting victims through a bogus cryptocurrency scheme This weekend, Thailand’s Crime Suppression Division apprehended Mana Jumuang for running a cryptocurrency scheme that saw victims lose their funds between 2018 and 2019. The 50-year old is said to have been the mastermind behind the scam operation. He illegally obtained more than 500 million Baht (the equivalent of almost $15 million) before deserting investors. According to a story in the Bangkok Post, Jumuang had co-conspirators with whom he ran the scheme. He is said to have lured both local and foreign victims by promising them that they would gain huge profits in the range of 400% after an investment period of 200 days. Jumuang presented himself as a crypto gur...
Thailand’s Hospitals Are On the “Brink of Collapse” After COVID-19 Spreads Through Nightclubs
Thailand’s hospitals are on the “brink of collapse” due to a spread of COVID-19 that reportedly emanated from the country’s nightlife sector. The Independent reports Thailand’s third wave of COVID-19, which began in April, has intensified the country’s response to the virus. Its hospitals are now inundated as the number of cases rises, leading to a crisis wherein clinics have run out of ICU beds and doctors are forced to treat patients in car parks. Reports of victims dying on roads have incensed many in the region. “We don’t know where to put the sick people anymore, the ER units in many hospitals have to be temporarily closed because they no longer have bed spaces,” Department of Medical Services head Somsak Akksilp said in a news...
WTO chief: Patent waiver not enough to close vaccine gap
World Trade Organisation (WTO) Director-General, Dr. Ngozi Okonjo-Iweala, has said that intellectual property waiver alone will not be enough to narrow the huge COVID-19 vaccine supply gap between rich and poor countries. She told the European Parliament that it was clear that discussions around vaccine patents alone would not suffice, saying that global leaders should do more to ensure that there is equitable production and distribution of the jabs. Okonjo-Iweala said developing countries had complained that the licensing process was cumbersome and should be improved upon. She added that while it makes sense to protect research and innovation, it is also important to expand access to the vaccines. According to her, manufacturers should work to expand production, pointing to idle capacity ...
Elon Musk says he is first SNL host with Asperger’s syndrome
Elon Musk kicked off his “Saturday Night Live” debut by declaring himself to be the first person with Asperger’s syndrome to host the US comedy sketch show. “Or at least, the first person to admit it,” he said. In his opening monologue, the eccentric tech entrepreneur behind Tesla and SpaceX offered an explanation for some of his past eyebrow-raising behavior. “Look, I know I say or post strange things but that’s just how my brain works. To anyone I’ve offended I just want to say, I reinvented electric cars and I’m sending people to Mars in a rocket ship,” he said. “Did you think I was also going to be a chill, normal dude?” Musk has previously drawn criticism for moves like publicly mocking the US Securities and Exchange Commission and calling a cave diver who rescued boys trapped in Thai...
Rebels attack Myanmar army near border, junta knocks back ASEAN plan
Ethnic minority Karen insurgents attacked a Myanmar army outpost near the Thai border on Tuesday in some of the most intense clashes since a military coup nearly three months ago threw the country into crisis. The Karen National Union (KNU), Myanmar’s oldest rebel force, said it had captured the army camp on the west bank of the Salween river, which forms the border with Thailand. The Myanmar military later hit back against the insurgents with air strikes, an aid worker in the area said. The fighting took place as the junta, in a setback for diplomatic efforts by the Association of Southeast Asian Nations (ASEAN), said it would “positively” consider the bloc’s suggestions to end the turmoil in Mynamar but only when stability was restored. The ASEAN leaders said after meeting at the weekend...
