Binance Enters Thai Crypto Space
Binance and Gulf Energy Development have joined forces to launch Gulf Binance, a cryptocurrency exchange that has received approval from the Thai Securities and Exchange Commission, available in early 2024.
Thailand’s Blockchain Ecosystem Gets a Boost
The Thai SEC will approve the commencement of operations for Gulf Binance to provide crypto services to Thailand with the joint venture hoping to enhance blockchain technology in the country.
Gulf Binance secures digital asset operator licenses in Thailand aiming to combine Binance’s experience and Gulf’s presence in the local market.
Binance Supports Thai Authorities Against Crypto Scammers
Binance has played a crucial role in aiding Thai authorities in a crackdown of crypto scammers, leading to the recovery of $277 million.
Hot Take
Gulf Binance to Transform Thailand’s Crypto Market
The joint venture between Binance and Gulf Energy Development will bring a new crypto exchange experience to Thailand through the introduction of Gulf Binance. The goal is to revolutionize the Thai blockchain ecosystem for the better.