The first relates to Thailand: where amendments were made to the Digital Assets Act of 2025. Key points include:
* Application of the law beyond territorial boundaries: This includes foreign digital asset platforms that provide services to users in Thailand. These platforms must obtain licenses from the Thai Securities and Exchange Commission and comply with its regulations. A platform is considered to be operating in Thailand if it provides its services in the Thai language, accepts payments in Thai baht, or targets Thai users.
* Strengthening measures to prevent cybercrime: The law grants Thai authorities increased powers to suspend communication services and remove illegal digital content related to cybercriminal activities, including banning unlicensed digital asset platforms.
* Clarification of the regulatory scope: The amendments provide clearer definitions of what constitutes a digital asset business operating within Thailand.
The second relates to the United States: where Republicans in the House of Representatives will introduce a new bill on cryptocurrency regulation before a key hearing on May 6. The bill aims to define how the United States will handle cryptocurrency and stablecoin markets and oversee digital assets in the future.
Additionally, there is a reference to a significant loss for Michael Saylor's 'Strategy' in the first quarter due to the drop in Bitcoin price; nevertheless, the company plans to increase its Bitcoin holdings.
