May 3, 2021
Thailand is reportedly preparing to mandate in-person, âdip-chipâ AML verifications before opening local bitcoin exchange accounts.
The government of Thailand will require local cryptocurrency exchanges to verify their customers’ identity in person using a “dip-chip” machine that registers identification cards.
The country’s Anti-Money Laundering Office (AMLO) will be instituting in September, according to the Most digital asset exchanges are still busy preparing their systems to accommodate the growing number of clients as new account applications continue to flow in, said Poramin Insom, co-founder and director of local exchange Satang Corp. However, this growth may be curbed if the application process becomes more complicated.”
DSI freezes land assets worth B86m in fraud probe bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Thailand says $11M seized in wildlife trafficking sting
ELAINE KURTENBACH, AP Business Writer
March 17, 2021
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1of3FILE - In this March 14, 2017, file photo, customs officers display seized rhino horns during a press conference at the Suvarnabhumi airport, Bangkok, Thailand. Thailand s anti-money laundering authorities said Thursday they have seized or frozen more than 330 million baht ($11 million) in assets in a sting operation against a suspected wildlife trafficking ring.Sakchai Lalit/APShow MoreShow Less
2of3FILE - In this Nov. 12, 2015, file photo, one of fourteen orangutans waits in a cage to be sent back to Indonesia at a military airport in Bangkok, Thailand. Thailand s anti-money laundering authorities said Thursday they have seized or frozen more than 330 million baht ($11 million) in assets in a sting operation against a suspected wildlife trafficking ring.Sakchai Lalit/APShow MoreShow Less
USD 11 million seized in wildlife trafficking sting: Thailand msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.