Gulf binance, a joint venture, has received regulatory approval to operate a crypto exchange and broker in Thailand. LizKNapolitano reports
to open a regulated crypto exchange and broker in the southeast Asian country. The platform will likely launch by year's end, according to a press statement.
“By harnessing Binance's expertise together with Gulf’s established local presence and network, Gulf Binance aims to showcase the full potential of blockchain technology to meet the needs of Thai users, Binance Head of Asia, Europe, and MENA Richard Teng said in a statement. Gulf Energy is one of Thailand’s largest private power producers.
Thailand has signaled it is warming up to positioning itself as an emerging Asian crypto hub. In January, the country’s regulators introduced a
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