Monday, May 27, 2024
Home > Thai

Binance to launch Thai exchange in joint venture with local energy giant

Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development.A Nov. 15 Stock Exchange of Thailand filing by Gulf Energy said the venture, called Gulf Binance, will initially be available on an invitation-only basis with a public

Read More

K-Bank Buys Majority Stake in Thai Crypto Exchange Satang for $103M

“K-Bank is intensifying its efforts in the cryptocurrency sector, positioning itself alongside SCB. They are keen on offering a full spectrum of crypto services permitted in Thailand,” Udomsak Rakwongwan, a professor at Kasetsart University and the co-founder of FWX.finance, which K-Bank invested in, told CoinDesk. Source

Read More

Thai crypto investors turn to tarot cards, divine signals to predict market

Crypto and stock investors have always found interesting and sometimes bizarre ways to “predict” the market's ebbs and flows. Some have suggested that our unconscious minds can predict the stock market through “precognitive dreaming,” while others have recently been turning to the advice of artificial intelligence chatbots. However, in Thailand, there appears to

Read More

Binance collaborates with Royal Thai Police to seize $277M from scammers

In an announcement sent to Cointelegraph, Binance said it worked alongside law enforcement agencies, providing intelligence to disrupt the criminal group. The operation, which had the code “Trust No One,” led to the arrest of five alleged key syndicate members and the seizure of various assets worth $277 million. Over

Read More

Thai authorities arrest five in 3,200-victim, $27M crypto scam

Authorities in Thailand arrested five foreign nationals linked with a fraudulent cryptocurrency investment platform that fleeced over $27 million from local investors.According to an initial report from the Bangkok Post, Thailand’s Cyber Crime Investigation (CCIB) Bureau arrested four individuals from China and one from Laos for orchestrating a fraudulent investment

Read More

Thai SEC says bank customer crypto assets off-limits for lending and investment purposes

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Thailand’s Securities and Exchange Commission (SEC) introduced new regulations aimed at digital assets.  The guidelines mandate that digital asset service providers must provide comprehensive risk warnings to ensure awareness of the potential risks involved in cryptocurrency trading. Enhance

Read More

Thai SEC bans the use of customer crypto assets for lending and investment

Thailand's Securities and Exchange Commission has issued new rules for digital asset service providers focusing on investor protection. The new guidelines require digital asset service providers to offer adequate warnings highlighting risks associated with cryptocurrency trading. All platforms must display a message that reads: “Cryptocurrencies are high risk. Please study and

Read More

Thai opposition leader pledges $300 crypto airdrop for every citizen if elected

Thailand’s opposition leader, Srettha Thavisin, has vowed to provide each Thai citizen with a $300 USD equivalent cryptocurrency airdrop to stimulate the economy and promote digital currency adoption if he becomes the nation’s next prime minister. Thailand’s prominent opposition leader, Srettha Thavisin, has made a bold campaign promise to provide every

Read More

Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected – Bitcoin News

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 minister within the prime minister’s office in Thailand is concerned

Read More