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Thailand
Gulf Binance Clinches Thai Regulatory Approval
The joint venture between Gulf Innova and Binance aims to begin offering crypto services in the country later this year.
Head of Thailand’s Opposition Party Promises $300 Crypto Airdrop if Elected Prime Minister: Report
Local stakeholders call the move a “marketing gimmick” while others say it's the most efficient way to distribute economic stimulus.
Zipmex Acquisition Stumbles as Buyer Misses Payment: Bloomberg
The payment was due on March 23 and was required to fund working capital
Thailand Offers $1B Tax Break for Companies Issuing Investment Tokens: Reuters
Thailand is offering a tax break for companies that issue digital tokens for investment, in a move that may cost the government 35 billion baht ($1 billion), according to a report from Reuters. "The Hash" panel discusses what this suggests about the state of crypto in Thailand and Asia at large.
Thailand Offers $1B Tax Break for Firms Issuing Investment Tokens: Reuters
The country will waive corporation and sales taxes for those firms.
Crypto Exchange Zipmex to Restart Customer Withdrawals Once Rescue Deal Closes
A rescue deal is "signed but not closed," according to Zipmex CEO Marcus Lim.
Thailand SEC Issues Regulations for Crypto Custody Providers
The regulator says custodians should have a contingency plan if something goes wrong.
Crypto Exchange Zipmex Faces Probe From Thai Securities Regulator: Bloomberg
The regulator is investigating if Zipmex was operating as a digital asset fund manager without permission.
Landmark International CBDC Test Deemed Success, BIS Says
Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said
Crypto Exchange Bitkub, 4 Others Sued by Thai SEC Over Fake Volume Claims
The move comes after the regulator fined crypto exchange Bitkub's CTO $250,000 for insider trading.
