Binance Obtains First Southeast Asian License in Thailand.
The post Binance Obtains First Southeast Asian License in Thailand. appeared first on Coinpedia Fintech News
Thailand’s Ministry of Finance grants digital asset licenses to Gulf Binance, a crypto venture established by Binance and Gulf Energy’s innovation arm Innova. These licenses grant permission for the company to conduct a cryptocurrency exchange that is seen as overseen by the National Securities & Exchange Commission. The new crypto venture combines Binance’s expertise with the Gulf’s understanding of this Thai market. Today Binance states that Gulf Binance is to launch a digital asset exchange in Thailand by Q4, 2023.