Currency

The Bank of Thailand will soon outline specific rules for the crypto industry to protect investors and the financial system. They will arrive in the form of a consultation on the “Financial Landscape” from the nation’s central bank next month. Thailand’s Rules On Crypto Central Bank Governor Sethaput Suthiwartnarueput explained the objectives of the forthcoming paper in an interview with Bloomberg on Monday. He said it would look for consensus regarding the “red lines” for the green finance and digital…

By accident, a British man threw a hard drive with Bitcoin into the trash has offered the local government more than $70 million to dig up landfills for retrieval. IT employee James Howells got rid of the device containing 7,500 Bitcoins between June and August 2013. He originally mined the virtual currency four years earlier when its value was still low. But when a rally valued cryptocurrency and looked for it, he discovered that he had mistakenly dumped the hard…