Thai Cryptocurrency Exchange Determined to Stay Open After SEC Orders Shutdown

Thai Cryptocurrency Exchange Determined to Stay Open After SEC Orders ShutdownThe Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer funds, is determined to stay operational. “Shutting down is not an option for us,” its chief strategy officer reportedly said. Also read: Indian Supreme Court Moves Crypto […]

The post Thai Cryptocurrency Exchange Determined to Stay Open After SEC Orders Shutdown appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Thailand Issues 4 Cryptocurrency Licenses, Rejects 2 Exchanges

Thailand Issues 4 Cryptocurrency Licenses, Rejects 2 ExchangesThailand has officially granted licenses to three cryptocurrency exchanges and one broker-dealer. Two exchanges have been rejected and one is still being reviewed. These seven companies have been temporarily allowed to operate in the country. Two of them will now begin closing down their businesses. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for […]

The post Thailand Issues 4 Cryptocurrency Licenses, Rejects 2 Exchanges appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Only Seven Crypto Firms Authorized to Legally Operate in Thailand

Thai SEC: Only Seven Crypto Firms Authorized to Legally Operate in ThailandThe Thai Securities and Exchange Commission (SEC) has announced the names of seven cryptocurrency firms that have been authorized to legally operate in the country. Five of them are crypto exchanges; two are cryptocurrency dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Seven Crypto Firms Authorized The Thai SEC has announced the names […]

The post Only Seven Crypto Firms Authorized to Legally Operate in Thailand appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Crypto Friendly Policies Rapidly Drawing Companies to Thailand

Crypto Friendly Policies Rapidly Drawing Companies to ThailandSoon after Thailand adopted its regulations for cryptocurrencies and initial coin offerings (ICOs), companies reportedly pile up to apply for licenses to operate in the country. According to the Thai Securities and Exchange Commission, about 50 ICO projects are seeking to launch, five portals plan to open for business and 20 crypto exchanges have applied […]

The post Crypto Friendly Policies Rapidly Drawing Companies to Thailand appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM Unveiled

SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM UnveiledJapan’s SBI Group is reportedly planning to create a crypto derivatives platform. In South Korea, Huobi is taking an aggressive approach and expects to achieve a 30% crypto market share. Meanwhile, a Thai crypto exchange has unveiled an ATM that supports four cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space SBI Plans Derivatives […]

The post SBI Plans Derivatives Platform, Huobi Eyes 30% Korean Market, Thai Four-Crypto ATM Unveiled appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico