Prior to this, in May 2023, Gulf Binance received operational clearance in Thailand.
Bitkub, located in Bangkok, has around 77% of the market share, according to HashKey.
The opening of Binance’s Thailand subsidiary was announced on Tuesday by the world’s biggest cryptocurrency exchange, Binance. As a joint venture between Binance and Gulf Innova from Thailand, Gulf Binance formed the recently launched exchange, Binance TH. It will serve as a platform for both trading and brokerage services.
#Binance TH by Gulf Binance, licensed by Thailand’s Ministry of Finance and regulated by Thailand SEC, is now accessible to all eligible users.
Gulf Binance, the joint venture between Binance’s subsidiary and Gulf Innova, will be offering THB deposits and withdrawals.
— Binance (@binance) January 16, 2024
According to its official statement, Binance TH’s goal is to make it easier to purchase and sell digital assets, including support for local currency pairings. Gulf Binance, a partn
We współpracy z: https://thenewscrypto.com/binance-th-launches-in-thailand-with-regulatory-approval/
