Thailand Bitcoin issues - Not exactly true

From rimbit.com

There are reports that Thailand has advised against using Bitcoin. We read the article and in one instance, it stated that the Bank advised against using Bitcoin, then later stated it was banned. Some questions arose as to which is fact and which is made up as we could not figure out how a private company can create Thai law on something it has no clue about.

We asked around and could not find any factual statement from a Government agency that what Bitcoin.co.th has said was true, or to the fact that no agency ever heard of the Thai Bitcoin company, which left us scratching our heads. Read more