BANGKOK -- Thailand's Securities and Exchange Commission on Friday approved a joint venture between Binance and Gulf Energy Development to operate a digital asset exchange and brokerage, granting the cryptocurrency giant its first license in Southeast Asia.
Cryptocurrencies
Binance gains first Southeast Asian license from Thailand
Joint venture with Gulf Energy to begin operations in Q4
The arrival of Binance, the world's largest cryptocurrency exchange by trading volume, will likely shake up Thailand's digital asset market. (Source photos by Reuters and screenshot from Gulf's website)
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