Binance to launch Thai exchange in 2024

Binance will collaborate with the Gulf Energy Department to launch a Thailand-based crypto exchange in early 2024.
Dot
November 16, 2023
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

TABLE OF CONTENTS
Changpeng Zhao; Photo Source: Binance (Youtube)

Crypto giant Binance will collaborate with the Gulf Energy Department to launch a Thailand-based exchange in early 2024.

Earlier in May, Gulf Binance, the joint venture between the two firms, secured digital asset operator licenses from Thailand’s Ministry of Finance. As per a recent court filing by the Thai Securities and Exchange Commission, Gulf Binance received regulatory approval to offer trading services for cryptocurrencies on November 10. The court filing added, 

“Gulf Binance’s digital asset platform will provide digital asset exchange and digital asset broker services for both cryptocurrencies and digital tokens, prioritizing security and compliance with SEC regulations. “



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Initially, Binance’s latest venture will be available to select Thai-based clients on an invitation-only basis. The court filing revealed that the platform will eventually be made accessible to the general public in early 2024.  

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn

Binance to launch Thai exchange in 2024

HomeCrypto exchanges
Contents
Changpeng Zhao; Photo Source: Binance (Youtube)

Crypto giant Binance will collaborate with the Gulf Energy Department to launch a Thailand-based exchange in early 2024.

Earlier in May, Gulf Binance, the joint venture between the two firms, secured digital asset operator licenses from Thailand’s Ministry of Finance. As per a recent court filing by the Thai Securities and Exchange Commission, Gulf Binance received regulatory approval to offer trading services for cryptocurrencies on November 10. The court filing added, 

“Gulf Binance’s digital asset platform will provide digital asset exchange and digital asset broker services for both cryptocurrencies and digital tokens, prioritizing security and compliance with SEC regulations. “



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


Initially, Binance’s latest venture will be available to select Thai-based clients on an invitation-only basis. The court filing revealed that the platform will eventually be made accessible to the general public in early 2024.  

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
Ayush Pande

As a tech enthusiast who's always on the prowl for the latest developments concerning crypto and hardware, you can find him covering news stories or tinkering with PCs.

Crypto giant Binance will collaborate with the Gulf Energy Department to launch a Thailand-based exchange in early 2024.

Earlier in May, Gulf Binance, the joint venture between the two firms, secured digital asset operator licenses from Thailand’s Ministry of Finance. As per a recent court filing by the Thai Securities and Exchange Commission, Gulf Binance received regulatory approval to offer trading services for cryptocurrencies on November 10. The court filing added, 

“Gulf Binance’s digital asset platform will provide digital asset exchange and digital asset broker services for both cryptocurrencies and digital tokens, prioritizing security and compliance with SEC regulations. “



Get Our Free Newsletter

Subscribe to our newsletter to get tips, our favorite services, and the best deals on Bitcompare-approved picks sent to your inbox


Initially, Binance’s latest venture will be available to select Thai-based clients on an invitation-only basis. The court filing revealed that the platform will eventually be made accessible to the general public in early 2024.  

Written by
Author's profile picture

Ayush Pande

Ayush Pande is a hardware, gaming, and crypto writer based in India. He's a tech enthusiast who's fascinated by the potential of blockchain technology.

Connect with Ayush on LinkedIn
Written by
Ayush Pande