charges.25 fees on all trades. Don't have a wallet? From nightclubs and bars to accommodation and marijuana, Bitcoin is gradually turning into an alternative means of payment for many businesses in this tourist hotspot. In May last year, the Revenue Department of Thailand had announced that individual cryptocurrency investors wont have to pay the 7 value-added tax. Read our guide on the best Bitcoin cryptocurrency wallets. Allows deposits from several Thai banks such as Bangkok Bank, The Siam Commercial Bank, TMB Bank, Krungthai Bank, Kasikornbank and Krungsi Bank. All one needs is a Thai mobile phone number to receive references for the authentication procedure. This can be done with the help of Krungthai Banks ATMs that have a feature of withdrawing funds without owning a bank card.
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Also keep an eye out for our updates on an upcoming Localthaicoins website. is operated by Bitcoin. The regulations required ICO issuers, brokers, dealers, and digital exchanges to register with the SEC within a period of three months from the date the regulations were enforced. Another important thing to note is that there are quite a few places in Bangkok where you can spend your Bitcoin. Next in our series of how to buy bitcoin in Asia, we will now look at the ecosystem in Thailand. Before jumping into this page, an important disclosure.
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