New rules prohibit unlicensed foreign crypto platforms from offering P2P services in Thailand. Fines up to $8.7K and 3 years in jail await those using “mule accounts.” Authorities will also hold banks, telecoms, and social platforms accountable if they don’t act. At the same time, Thailand is piloting crypto payments in Phuket and officially allows USDT use. #Crypto Market Rebounds #Trump Pauses Tariff Policies #Upcoming CPI & PPI Data Releases
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🇹🇭 Thailand Bans Foreign P2P Crypto Services
New rules prohibit unlicensed foreign crypto platforms from offering P2P services in Thailand.
Fines up to $8.7K and 3 years in jail await those using “mule accounts.”
Authorities will also hold banks, telecoms, and social platforms accountable if they don’t act.
At the same time, Thailand is piloting crypto payments in Phuket and officially allows USDT use.
#Crypto Market Rebounds #Trump Pauses Tariff Policies #Upcoming CPI & PPI Data Releases