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What will be the main regulatory change in Thailand regarding cryptocurrency by end of 2025?
2
Resolution / Starting Odds
Crypto payments legalized • 25%
Crypto payments remain banned • 25%
New crypto regulations introduced • 25%
No significant change • 25%
Official announcements from the Thai government or credible financial news outlets
Story
Thailand Considers Bitcoin Pilot Project in Phuket Proposed by Ex-PM Thaksin, Supported by Binance Thailand CEO
Dec 26, 2024, 02:01 AM
Thailand is considering a Bitcoin pilot project in Phuket, proposed by former Prime Minister Thaksin Shinawatra, aimed at enhancing tourism in the region. The initiative has received support from the CEO of Binance Thailand. However, the Bank of Thailand currently prohibits crypto payments, which presents a challenge for the project's implementation. This pilot could serve as a test case for how the country balances regulatory measures with the growing interest in cryptocurrency and Web3 technologies.
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Stricter regulations • 25%
Introduction of a digital dollar • 25%
Other • 25%
Tax exemption for crypto • 25%
Fully approved • 25%
Approved with restrictions • 25%
Rejected • 25%
Decision postponed • 25%
FINRA • 25%
Other • 25%
CFTC • 25%
SEC • 25%
CFTC crypto derivatives rules • 25%
IRS crypto tax reporting rules • 25%
SEC crypto regulations • 25%
Other • 25%
No significant change • 25%
Other • 25%
Decreased regulations • 25%
Increased regulations • 25%
Unclear outcome • 25%
Loosening regulations • 25%
Tightening regulations • 25%
No change • 25%
Other • 25%
Higher Capital Requirements • 25%
Increased Reporting Obligations • 25%
Stricter KYC/AML • 25%
Pro-crypto • 25%
Unclear • 25%
Neutral • 25%
Anti-crypto • 25%
No change • 25%
Increased regulation • 25%
Moderately eased • 25%
Significantly eased • 25%
Relaxed regulations • 25%
Increased bans • 25%
Stricter regulations • 25%
No change • 25%