Gulf Binance Crypto exchange, a joint deal betwixt Binance Crypto exchange and Gulf Innova, has obtained licenses from Thailand’s Ministry of Finance to become a digital investment operator regulated by the country’s SEC.
The partnership intends to launch a digital investment exchange and broker in Thailand by Q4 2023.
“Local users can expect access to a trusted and regulated service that prioritizes user security alongside compliance with local regulations,” stated Richard Teng, head of Asia, Europe, and MENA at Binance Crypto exchange, in a statement.
The two entities 1st reached agreement about a joint deal in 2022.
