Phuket police arrest four Russian nationals accused of running crypto-ransomware attacks
Law enforcement in Phuket has arrested four hackers suspected of orchestrating ransomware attacks on Swiss firms and stealing millions in cryptocurrency. The accused, all Russian nationals, reportedly deployed ransomware on the networks of 17 Swiss companies between April 2023 and October 2024, a Feb. 10 report from local media outlet The Nation Thailand said. For […]
Thailand unveils Phuket crypto sandbox plan, regional push
Thailand plans to launch a cryptocurrency sandbox program in Phuket this October. Former Prime Minister Thaksin Shinawatra announced the program during an ASEAN economic discussion. According to the Bangkok Post report, the sandbox will focus on stablecoins to minimize risk while allowing innovation. This controlled testing environment allows businesses and consumers to experiment with cryptocurrency […]
Thailand pilots crypto payments for tourists in Phuket
Thailand is launching a pilot program to allow foreign tourists to use cryptocurrency for payments in Phuket. Announced by Deputy Prime Minister Pichai Chunhavajira, the initiative aims to make digital payments easier and quicker for tourists while boosting the nation’s competitiveness in the tourism sector. Set to operate within Thailand’s existing legal frameworks, the project […]
Thailand to pilot cryptocurrency payments in Phuket
Thailand is set to launch a pilot program in Phuket in 2025, enabling tourists to use Bitcoin for transactions and streamlining digital payments. Source link
