![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
"Any type of currency enchange service in Thailand needs to get a license from the Bank of Thailand, according to the Exchange Control Regulations in Thailand whether it’s “real” money or not. That’s why Bitcoin Co. Ltd. needed to be authorised to operate, and since it didn’t have that authorization, it was forced to shut down."
http://memeburn.com/2013/08/bitcoin-and-thailand-whats-really-happening/
Sounds almost exactly like what happened with FinCEN DHS and MtGox.... well except that these guys actually tried to follow the law and voluntarily shut down unlike MtGox and all the other illegal bitcoin exchanges.
"However, the Bank of Thailand isn’t just ignoring this matter. It’s working with the relevant authorities such as the Ministry of ICT and the Securities and Exchange Commission to sort this out. Using Bitcoin in any way within the Kingdom of Thailand is banned for now"
OMG Goat, you must be scared, they seem to be coming for you directly.
"Prasan Trairatworakun, Bank of Thailand’s governor, says that the bank hasn’t approved Bitcoin Co. Ltd. to do business in Thailand because the transactions that the company is involved in center around the exchange rate but are not an actual currency exchange (since bitcoin is not a physical currency)."