Recent content by blanco

Term deposit? You lock your cash for a specific time for increased interest rates Ok Understood Yes all is outside of Thailand So basically just transfer amounts that has been sitting idle would be better and hope they do not catch other amounts in your wallet. I had a wallet hacked and...

Thank you for excellent explanation. I have a Kraken account and also Bitstamp so it's all good if needed. I'll probably try to do P2P meetup if it's money I can't show has been there from before 2024. But then again, I wonder, back to my original questions above.. As far as I understand the...

What's the difference from let's say sending USD from Kraken -> USD account in CitiBank/UOB -> Convert to THB I assume having a foreign currency account will trigger the same issue when you convert to THB as if the transfer came from abroad?

I don't use Binance, but just think of it as a possible way for getting occasional cash into TH without questions. I guess Binance's move to set up a new crypto exchange in Thailand is still on the table despite all the fud around them

does Binance still offer P2P services for Thailand?

You can join this telegram community and ask for P2P in Thailand https://t.me/SatoshiSquareBangkok There is a website that accepts crypto for gift cards as well. At least you can use it to get food;) https://www.bitrefill.com/buy/thailand/

Have a look at Labuan territory in Malaysia. Maybe it can work out for you.

Yes, there seem to be a lot of Chinese gangs going on nowadays. I read a Reuters report the other day of a Chinese mafia/scammer connected to the Thai police (shocker.. I know). Link below Crypto scam: Inside the billion-dollar ‘pig-butchering’ industry I would say 99% of the people I knew in...

I don't use Bitkub anymore since they started asking for video interviews, more paperwork on source of funds etc.. But there is a large community of P2P (I call it "OTC") you can do.. just meet up and transfer crypto for cash. I used to have a Binance card where I would just transfer in money...

They have had personal accounts available for at least a decade. However, UOB has bought out Citibank's retail business here in Thailand now. Last I heard they required 1m THB to open an account, but unsure if enforced or not now when they are UOB I think it was Drew Noyes out of Pattaya who...

Any info on how they will deal with people transferring crypto in to for instance Bitkub and selling. Are they going to ask you for your private crypto wallet or exchange wallet to see whether you've had the funds since before 2024? If I need to transfer money in without paperwork I guess I'll...

Ah I found it.. I was thinking of Glenn Bullard Andrew Drummond used to write a lot about these guys BRIT BOILER ROOM MAN BLOWS – REPORT – Andrew Drummond

I know that 2 of the bosses out of the 2 main offices in Bangkok also "died" outside of Thailand a few years ago. I knew Mark H, but can't remember the other guy's name. Unsure if they actually died or if it was faked, they were still relatively young.

I guess this is more to prevent scams and frauds as it has been rampant in Thailand over the last few years.

There has been a fair share of foreigners running boiler room scams here as well .. I don't know if they are still running that business or if they have completely turned their businesses into entertainment venues. Maybe more difficult for them to get the money out of the country nowadays. I...