Thailand Legalize Crypto currency

[serenagomz95]

Thailand's legitimate electronic money makes Bitcoin boom. This is a remarkable virtual currency news, as the first Southeast Asian nation officially and openly regulates pre-emptive business operations. in the water. Hopefully, this will be a favorable opportunity for the cryptocurrency sector to grow stronger in Thailand and be a prerequisite for it to be accepted in more countries around the world.

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[Piggymonster]

There is no denying of the usefulness of bitcoin and thailand see it also that bitcoin is very helpful to the economy and the people. Another country who open their minds to this big change in financial system, this is a very good news.

[happistarjp]

There is no denying of the usefulness of bitcoin and thailand see it also that bitcoin is very helpful to the economy and the people. Another country who open their minds to this big change in financial system, this is a very good news.

I could not agree more! Thailand has more than 22,657,730 visitor arrivals annually and a percent of those tourists are bitcoin users, so it's good that cryptocurrency is widely accepted in their country, I hope others will follow.

[gaston castano]

There is no denying of the usefulness of bitcoin and thailand see it also that bitcoin is very helpful to the economy and the people. Another country who open their minds to this big change in financial system, this is a very good news.

I could not agree more! Thailand has more than 22,657,730 visitor arrivals annually and a percent of those tourists are bitcoin users, so it's good that cryptocurrency is widely accepted in their country, I hope others will follow.

Even better, not only Thailand has agreed with the existence of Bitcoin in this country because there are many other countries with many tourist visitors and in addition, if Bitcooin is legalized in the country, local people can also benefit, and for Thailand, obviously I am very support if Bitcoin has been legalized there because it could be a neighboring country will also follow steps from Thailand.

[basyang]

While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

If they really legalized Bitcoin in Thailand, not only the tourist will ne benefited but also the local citizen of Thailand. It is a good news for the Bitcoin family if this thing happened and they has a chance that the neigbour country could also follow this thing. It is good to used bitcoin in that purposed especially in tourism industry.any foreign people could visit their country paying bills using bitcoin in the country of Thailand, its so good to hear right?

[andriw]

If Thailand has stepped forward towards the presence of cryptocurrency, I think it is very likely that other countries that are members of ASEAN will discuss the news, and will even be the subject of talks at the next ASEAN Summit.

[rumexx]

This  piece of news is a welcome one  and a cheering one to the crypto family. Thailand legalizing crypto will surely lift their economy because it is based on tourism as the government is now working with crypto on trial the neighboring countries will soon adopts bitcoin after Thailand may have succeeded with the experiment. Bitcoin remains the future payments option.

[Tapyaks72]

This  piece of news is a welcome one  and a cheering one to the crypto family. Thailand legalizing crypto will surely lift their economy because it is based on tourism as the government is now working with crypto on trial the neighboring countries will soon adopts bitcoin after Thailand may have succeeded with the experiment. Bitcoin remains the future payments option.

As we all know that bitcoin is fast, economical, and no boundaries, it is a intelligence  move for a country like Thailand and other countries like Philippines in Asia were tourism is one of the primary business, one the advantages that have seen is the comfort of currency transaction to tourists and the business establishment.

[stayeduptolate]

While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

Bitcoin is a decentralised crypto currency and there is no such proper authentic regulating body over the bitcoin who could keep eye over all the bitcoin activities and specifically the illegal one and therefore due to its illegal use many countries are in against of bitcoin but inspite of all these, there are few countries who ho has legalised bitcoin in their nation, after getting the potential of bitcoin and now those governments are taking control of all the bitcoin activities and it is a very good news that Thailand 🇹🇭 is now the part of bitcoin society.

[jakezyrus]

this is great . now alot of countries are now slowly entering the crypto world and now thailand is the latest one that teams up wih crypto , for sure we can now expect a price hike on the next few days because many people will now possibly buy and invest on crypto currency including bitcoin . im really hopping that cryptocurrency will be legalize all over the globe , so that we can now start to distinguish the use of fiats and any other local currency to be able to help our country to become innovative and fast paced .

[evichi]

This is good news for the cryptocurrency industry. This is one of the key signs that cryptocurrency have growth prospects. This will further promote the tourist industry which is very important to Thailand economy. By facilitating payment the industry will attract tourist from any corner of the world.

[killerfrost]

This is a good news. It shows that the Thai government has seen the importance of electronic money. The electricity market is showing signs of recovery. Investors will have more confidence to buy the coin. Coin prices will rise sharply in the near future.

[RondoAnyar]

Thailand legalized Crypto being good news for the future in Southeast Asia, I think that could be a benchmark for other countries in ASEAN. when Thailand succeeded in crypto it would have an impact on other countries to think about being willing to legalize crypto.

[Ethan Argu]

It has a gppd impact to thier economy we all know that thailand has many tourist destination many foreigner will attract to go to have a vacation because bitcoin is legalize for that country fast transaction and cheap deals are waiting.

[vfrcbv91]

Great! Now we have a place where we can not be afraid of persecution by the government, using cryptocurrencies.

[arienna23]

While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

It is a good sign that Bitcoin will slowly penetrating the market not only in the internet but soon to become available to be a main currency in the world. Few more countries that will embrace cryptocurrency and the revolution cannot be stop.

[burky155]

Very nice to hear. I was reading news about it from 3 months. I hope there would be more country who accepts it too. I have read another article about Thailand's cryptocurrency situation, here is:

Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies
https://news.bitcoin.com/thailand-crypto-regulations-legalizing-cryptocurrencies/

[Gary Menezes]

That's great!  That Thailand legalize cryptocurrency on tourism industry will help many people know more about Bitcoin. In tourism industry, many tourists all around the world come to Thailand can not bring money but they only can bring their mobile phones and pay through Internet. It's very convenient so that people will enjoy visiting in Thailand.

[ChrisPop]

I'm definitely going to travel to Thailand and spend a nice vacation there in the next year or two.  I heard the beaches are so beautiful and the fact that they are legalizing bitcoin it's great news! Other countries should follow the example.

[bstash]

Interesting to find this! 

https://coingape.com/thailand-legalizing-cryptocurrency-and-ico-market/

and check this Wiki article if you guys want to find out more:

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory