Gulf Binance Clinches Thai Regulatory Approval
[May 26, 2023 8:41 AM] The joint venture between Gulf Innova and Binance aims to offer crypto services in the country starting later this year.
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Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023
[May 26, 2023 6:05 AM] Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto exchange.
10 Southeast Asian Nations Challenge Dollar Dominance With Push for Local Currencies
Coinbase remains '100% committed' to US market: Armstrong
[May 4, 2023 11:26 PM] The Coinbase CEO has a lot of faith in Congress in making a “clear rule book” for crypto firms to follow. But the SEC? Not so much.
Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
[Apr 7, 2023 4:30 PM] A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a…
Thai political party looking at PM race promises $300 in crypto upon victory: Report
[Apr 7, 2023 10:06 AM] The country’s next general election will be held on May 14, at which time all 500 seats in Thailand’s House of Representatives will be up for grabs.
Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
[Apr 7, 2023 3:55 AM] Local stakeholders call the move a “marketing gimmick” while others say its the most efficient way to mass distribute economic stimulus.
India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar
[Apr 3, 2023 2:30 AM] The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this…
Thai SEC wants to lift restrictions on initial coin offerings
[Mar 30, 2023 5:45 AM] The latest proposal by the SEC of Thailand follows a series of regulatory changes targeting the digital asset market in the country.
How Build On Bitcoin Space Is Bringing Education And Mining To Thailand
[Mar 28, 2023 6:00 AM] The founder of Bangkok’s Build On Bitcoin Space discusses Southeast Asia’s Bitcoin-only community and renewable mining in Thailand. In this conversation, Piccolo from the Build On Bitcoin Space in Bangkok, Thailand joined me to chat about Bitcoin…
Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
[Mar 24, 2023 4:10 AM] The payment was due on March 23 and was required to fund working capital.
SEC of Thailand wants public feedback on crypto lending, staking ban
[Mar 10, 2023 2:50 AM] Thailand’s securities regulator believes that crypto firms should not be allowed to deploy users’ deposits and provide lending services.
Thailand to offer tax breaks for investment token issuers
[Mar 7, 2023 7:48 AM] The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years.
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
[Mar 6, 2023 11:30 PM] A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for…
Zipmex says it may resume 100% of Z wallet withdrawals subject to conditions
[Feb 15, 2023 12:45 PM] The creditors have until February 21, 2023, to vote on a new scheme proposed by the company.
Thailand Issues New Regulations on Custodied Cryptocurrencies
[Jan 19, 2023 12:30 AM] The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate…
SEC of Thailand issues crypto custody provider rules
[Jan 17, 2023 4:20 AM] The Thai securities regulator now requires crypto custodians to have a contingency plan in case of unforeseen events.
Bank of Thailand to allow first virtual banks by 2025
[Jan 15, 2023 2:32 PM] By allowing virtual banks, Thailand seeks to boost competition and economic growth.
Crypto exchange Zipmex probed by Thai SEC amid buyout
[Jan 11, 2023 2:57 AM] The cryptocurrency exchange is the subject of a probe by local monetary authorities in Thailand for a potential breach of local rules for digital asset service providers.
BMW Partners With Coinweb to Develop Blockchain-Based Vehicle Financing Automation and Loyalty Program in Thailand
[Dec 30, 2022 11:30 PM] BMW, the luxury car manufacturer, has partnered with Coinweb, a decentralized blockchain layer 2-based company, to introduce blockchain-based tools to its operations. The company will develop blockchain-based automation for vehicle financing…
Thai SEC to tighten up rules for crypto, focus on investor protection
[Dec 13, 2022 3:05 AM] Thailand's chief regulator highlights the importance of tighter control over the cryptocurrency-related advertisements.
Thai VC fund acquires troubled exchange Zipmex for $100M: Report
[Dec 2, 2022 6:37 AM] Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023.