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Gulf Binance Obtains Digital Asset Operator Licenses in Thailand

From crowdfundinsider.com

Gulf Binance Co., Ltd., a joint venture between Binance and Gulf Innova Co., Ltd., has now secured digital asset operator licenses from the country’s Ministry of Finance. Digital asset operators are “regulated by Thailand’s Securities and Exchange Commission (SEC).” Gulf Binance will be able “to move forward with plans to open a digital asset exchange and digital asset broker compliant with local regulatory guidelines.” The new platform is “expected to launch in Thailand in Q4 2023.” The joint venture “brings together Binance’s extensive expertise in the digital asset space with Gulf’s local industry knowledge and ... (full story)

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