BANGKOK -- Leading cryptocurrency exchange Binance has launched full digital asset exchange operations in Thailand, it announced on Tuesday, a move likely to intensify competition in an already crowded domestic market.
Competition set to heat up in country where 20% of people own digital currency
Bangkok prohibits the use of cryptocurrency for payments, limiting exchanges to investment purposes. © Reuters
BANGKOK -- Leading cryptocurrency exchange Binance has launched full digital asset exchange operations in Thailand, it announced on Tuesday, a move likely to intensify competition in an already crowded domestic market.