A joint venture between Binance and Gulf Innova is set to launch a new crypto exchange in Thailand by Q4'2023 after receiving regulatory approval from the country's Ministry of Finance.
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Thailand's government stands to lose $1 billion with its latest tax break. The nation could also bring in over $3 billion in investment token offerings.
Huobi will shut down operations in Thailand on July 1 after losing its crypto license in May.
Thailand's SEC has banned companies from accepting bitcoin and other cryptos as a payment method.
Gemini has announced that it will launch a crypto derivatives platform outside the United States. Clients based in the US will not be allowed to access the new platform.
The Singapore High Court has approved a restructuring plan for Thai crypto exchange Zipmex. The exchange filed for bankruptcy in July 2022 following liquidity issues induced by Terra's collapse.
Summary: Thailand regulators have issued a fine to Samret Wajanasathian, the Chief Technology Officer of local crypto exchange Bitkub. Wajanasathian...
In an updated statement, Zipmex announced that it’s seeking a meeting with Thailand Securities and Exchange Commission to introduce its...