Legal Services & Resources Up to date legal information pertaining to Thai, American, & International Law. Asian "Digital Currency Bridge" Processes 7 Second Cross-Border Payments? This talk is on platform newly created by China for digitally moving capital between 10 ASEAN nations and 6 Middle Eastern Nations and can by-pass SWIFT, the US-controlled network. we're discussing what appears to be a Digital Currency Bridge. … Digital Currency Bridge compresses the process to a https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/asian-digital-currency-bridge-processes-7-second-cross-border-payments/ Will New Thai Bank Account Issues Impact Retirees? This is a talk on the recent crackdown on foreigners opening bank accounts as officials are going after those opening mule accounts which could effect foreigners opening accounts for immigration purposes. they tried to do in terms of Central Bank Digital Currency and just the overarching theme of Know Your https://legal.co.th/resources/visa-immigration-law/thailand-immigration-law/will-new-thai-bank-account-issues-impact-retirees/ No Thai Should Care What the OECD "Recommends"? This is another talk regarding the OECD which has made some recommendations regarding tax to the Thai Government which are of no benefit to Thailand and in fact could destroy the economy. include some of those ideas like creating a Digital Currency under which https://legal.co.th/resources/corporate-and-tax-advisory/thailand-tax-law/no-thai-should-care-what-oecd-recommends/ "The Bank of Thailand Remains Mum on Using Cryptocurrencies"? A discussion on some recent developments in the crypto space in Thailand whereby a crypto sandbox is being launched in Phuket to allow foreigners to make certain purchases using cryptocurrencies. https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/bank-thailand-remains-mum-using-cryptocurrencies/ A "Reset" If We Can Keep It? This is a talk on a reset of Global Economics whereby Trump's recent announcement regarding tariffs could be considered as the point from which changes begin and could have both negative and positive implications.. a lot of push for a lot of this Central Bank Digital Currency which I find terrifying for a variety of https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/reset-if-we-can-keep-it/ Why is the "Core Coalition Party" Presenting "Thai Government's Vision" to the WEF? A talk regarding the World Economic Forum which the present Thai PM is attending, as did the previous PM, even though that organization is totalitarian and will probably not benefit Thailand in any way. https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/why-core-coalition-party-presenting-thai-governments-vision-wef/ Thailand Didn't Seek "Tax Reform" nor "Adoption of Digital Currency"? This talk is on tax reform which is being pushed by the Thai Government which could result in a more complex system that could scare away retirees and investors. competitiveness and advance the adoption of digital currency in Thailand by the end of the … who said we needed the adoption of digital currency. As has been clearly https://legal.co.th/resources/corporate-and-tax-advisory/thailand-tax-law/thailand-didnt-seek-tax-reform-nor-adoption-digital-currency/ Why Wouldn't "Low Inflation" Be "Suitable" for Thailand? This talk goes into the economy of Thailand which as felt by most economies is not in a high growth period although Thailand did witness a large increase in consumer spending and tourism is strong. all for some digital currency magic bean money that would put us all into https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/why-wouldnt-low-inflation-be-suitable-thailand/ "China, Hong Kong, Thailand" & UAE Can Carry mBridge "On By Themselves"? This talk goes into the issue of Banking in the form of mBridge which is a medium of exchange without using the Dollar or Dollar related platforms such as Swift. Central Bank Digital Currency Project. BIS is Bank for International https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/china-hong-kong-thailand-uae-can-carry-mbridge-themselves/ Who Voted For Thailand's Economy To Be "A Digital One"? This is another talk on the Digital Wallet scheme which may result in a financial system that is in fact a totalitarian surveillance system that could even be likened to financial enslavement. other half of the payment will be made in Digital Currency next … about who gets what. It's rolling out this Digital Currency. That is what certain people https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/who-voted-thailands-economy-be-digital-one/ No, It Is a "Wake-Up Call" to Maintain an Analog Thailand This is a discussion on the recent IT outage which caused chaos in a large section of the West and should be taken as a warning signal that it may be a good idea to also maintain the analog system. recently had an issue associated with their digital currency or transactional system breaking down and https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/no-it-wake-call-maintain-analog-thailand/ CrowdStrike Shutdown A "Digital Wallet" Warning For Thailand? This talk provides an example of the negative consequences that could arise if all private banking and monetary transactions were to become digitized. a Digital Currency where all of your https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/crowdstrike-shutdown-digital-wallet-warning-thailand/ CORRECTION & Will Thai Parliament Truly Scrutinize The "Digital Wallet"? This is another discussion on the issue of the "Digital Wallet" scheme in Thailand which is presently going through debates in Parliament regarding the funding for the handout. Central Bank Digital Currency that they can decide what you can and https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/correction-will-thai-parliament-truly-scrutinize-digital-wallet/ BIS And The Major Economic Shift To The "Global Southeast"? This talk about BIS whose main goal in the past was to facilitate gold transfers and mBridge, a new banking system to move money more efficiently and transparently, which is also an initiative of BIS. Central Bank Digital Currency which is being called here in the Thai … Central Bank Digital Currency https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/bis-and-major-economic-shift-global-southeast/ BRICS, OECD, SWIFT, CBDCs, "Money Laundering" And "Tax Havens"? This talk goes into the issue of tax policy and surveillance methods in the context of personal banking which could be used to weaponize control over personal bank accounts. https://legal.co.th/resources/corporate-and-tax-advisory/thailand-tax-law/brics-oecd-swift-cbdcs-money-laundering-and-tax-havens/ What Is "OverTourism" And Why The Narrative Shift In Thailand? A talk on the Tourism Industry in Thailand which is recovering since COVID but which some Thai Authorities are now concerned may become "overtourism". need to stimulate the economy by creating digital currency to track and trace https://legal.co.th/resources/visa-immigration-law/visa-news/what-overtourism-and-why-narrative-shift-thailand/ More Thoughts On The Thai "Digital Wallet" Scheme? Some insight on an article about the Thai Digital Wallet scheme, which the Government is still pushing for, despite many groups including economists indicating that it is not a wise move. https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/more-thoughts-thai-digital-wallet-scheme/ A Thai Casino Wouldn't "Create Any Economic Products"? A discussion on Casinos which can in a way be compared to digital currency in that put simply, neither actually create any value. https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/thai-casino-wouldnt-create-any-economic-products/ There Is No "Fine-Tuning" A Bad Idea Another talk regarding the 10,000 Baht digital handout proposed by the new Government which is still being pushed ahead with despite lack of due process and strong criticism. Baht digital currency handout scheme despite growing https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/there-no-fine-tuning-bad-idea/ "COVID" Causing Consensus For Cashless Craziness? A discussion on a cashless system and the Digital Handouts proposed by the Thai Government and some articles that show that CBDCs are not in fact the best way to go. be looking at precious metals more than some digital currency. But … Nigeria's Central Bank digital currency was released over a year ago to widespread https://legal.co.th/resources/thailand-real-estate-property-law/jurisprudence/covid-causing-consensus-cashless-craziness/ « Previous 12 Next » Contact us: +66 2-266 3698 [email protected]