{"id":9852,"date":"2024-01-16T17:20:29","date_gmt":"2024-01-16T15:20:29","guid":{"rendered":"https:\/\/forklog.com\/en\/binance-launches-cryptocurrency-exchange-in-thailand\/"},"modified":"2024-01-16T17:20:29","modified_gmt":"2024-01-16T15:20:29","slug":"binance-launches-cryptocurrency-exchange-in-thailand","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-launches-cryptocurrency-exchange-in-thailand\/","title":{"rendered":"Binance Launches Cryptocurrency Exchange in Thailand"},"content":{"rendered":"<p>Cryptocurrency exchange Binance has commenced full operational activities of its trading and brokerage platform in Thailand, according to a report by <a href=\"https:\/\/www.theblock.co\/post\/272754\/binances-joint-venture-with-gulf-energy-begins-exchange-operations-in-thailand\">The Block<\/a>, citing a company statement.<\/p>\n<p>Upon registering with Binance TH, users can buy and sell crypto assets using the local currency.<\/p>\n<p>The local exchange is managed by Gulf Binance, a joint venture between the exchange and Gulf Energy, a holding company owned by Thai billionaire Sarath Ratanavadi.<\/p>\n<p>The order book for brokerage services is integrated with Binance Kazakhstan.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAs a result of close collaboration with Thai regulatory authorities, Binance TH can offer access to proven and secure technologies, providing a reliable and intuitive platform for users,\u201d stated Gulf Binance CEO Nirun Phuwatthanakul.<\/p>\n<\/blockquote>\n<p>Binance head Richard Teng added that the exchange views Thailand as a \u201ckey player in the global digital finance landscape.\u201d<\/p>\n<p>Back in January 2022, Binance and Gulf Energy reached an agreement to form a joint venture. For this purpose, the holding company established a subsidiary, Gulf Innova, focusing on digital business transformation.<\/p>\n<p>In May 2023, Thailand&#8217;s Ministry of Finance granted Gulf Binance a digital asset operator license. In November, the company received approval to provide services from the local Securities and Exchange Commission.<\/p>\n<p>Initially, access to the platform was available to users \u201cby invitation only.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Binance has commenced full operational activities of its trading and brokerage platform in Thailand, according to a report by The Block, citing a company statement. Upon registering with Binance TH, users can buy and sell crypto assets using the local currency. The local exchange is managed by Gulf Binance, a joint venture between [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1166,1266],"class_list":["post-9852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-centralized-exchanges-cex","tag-thailand"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=9852"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/9851"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=9852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=9852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=9852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}