Bitcoins banned in Thailand

In a statement on its website, Bitcoin said it had given a presentation to the Bank of Thailand about how the currency works in a bid to operate in the country.

However, at the end of the meeting, “senior members of the Foreign Exchange Administration and Policy Department advised that due to lack of existing applicable laws, capital controls and the fact that Bitcoin straddles multiple financial facets… Bitcoin activities are illegal in Thailand”.

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Story added 30. July 2013, content source with full text you can find at link above.