Major Thai bank’s venture arm sets up $50M fund to invest in blockchain, DeFi
Siam Commercial Bank, over a century old, doesn’t fail to keep up with the times. Go to Source Powered by WPeMatico
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Bitkub submits improvement plans to Thai SEC and resumes trading
The regulator had previously suspended the exchange following several brief outages due to extreme volume spikes. Go to Source Powered by WPeMatico
Thai Financial Watchdog Asks Local Crypto Exchange to Fix Issues After Three Massive Outages
The Securities and Exchange Commission of Thailand (SEC) issued an order against a local cryptocurrency exchange to temporarily stop its operations. Bitkub has been in the headlines since the start of the year due to several outages suffered in their systems. Crypto Exchange Suffered Three Massive Outages Since the Beginning of 2021 According to Bangkok … Read more
Upbit launches in Thailand just days after regulators suspended Bitkub
As Thailand’s leading crypto exchange remains suspended, billionaire backed rival Upbit enters the scene. Go to Source Powered by WPeMatico
Thailand stock exchange to open digital asset trading… without crypto?
Thailand’s stock exchange doesn’t want cryptocurrencies included on its new digital asset trading platform. Go to Source Powered by WPeMatico
Thailand’s Largest Bank Snubs Ripple – Selects Stellar-based Blockchain for Cross Border Remittances
In an apparent snub to Ripple, Thailand’s oldest bank, Siam Commercial Bank (SCB) is set to open a new cross border remittances corridor in partnership with Lightnet, a fintech company that uses the Stellar blockchain. SCB says the partnership opens the door for more efficient cross border funds transfer from South Korea to Thailand. Before … Read more
Thai tax collectors to streamline revenues with blockchain tech in 2021
Blockchain will reportedly make tax evasion more difficult in Thailand. Go to Source Powered by WPeMatico
Thai music festival to use its own token for a cashless event
Major music festival in Thailand is adopting blockchain for safer and smoother payments. Go to Source Powered by WPeMatico
Thai crypto business to get liquidity boost following new regulations
Securities firms in Thailand are now authorized to count crypto as capital funds. Go to Source Powered by WPeMatico
Thai central bank issues $1.6B in government bonds on IBM blockchain
The Bank of Thailand has issued the world’s first blockchain-based government savings bond platform. Go to Source Powered by WPeMatico