Thailand Approves Draft Decree on Crypto The Thai cabinet has approved a draft decree to regulate cryptocurrencies and initial coin offerings. The definition of digital assets has been modified from the previous draft but the tax structure remains. All crypto businesses must obtain licenses and report information to the anti-money laundering office. Royal Decree to…
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Hacked Cryptocurrency Exchange Youbit Re-Emerges Amid Insurance Controversy Cryptocurrency exchange Youbit has reportedly re-emerged after a series of hacks and a bankruptcy filing, amid an insurance claim controversy and civil lawsuits. The exchange continues to operate after it was sold and renamed, local media reported. Insurance Claim Denied DB Insurance, one of South Korea’s biggest…
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