Thailand

Binance Co-Founder and Binance Charity to Jointly Deploy Over $1.5 Million in Aid to Myanmar and Thailand in the Aftermath of the Earthquake

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Binance Co-Founder and Binance Charity to Jointly Deploy Over .5 Million in Aid to Myanmar and Thailand in the Aftermath of the Earthquake

Binance Co-Founder Changpeng Zhao and Binance Charity, following the 7.7 magnitude earthquake, have leveraged cryptocurrency to facilitate rapid relief deployment in Myanmar and Thailand. The earthquake originated in Mandalay, Myanmar’s second largest city, and has caused widespread destruction and infrastructure damage. The same was the case in Thailand, as people felt the tremors in Bangkok, … Read more

Apple Donating to Myanmar and Thailand Earthquake Relief Efforts

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Apple Donating to Myanmar and Thailand Earthquake Relief Efforts

Apple CEO Tim Cook today said Apple will be donating an undisclosed amount towards earthquake relief efforts in Myanmar and Thailand. “Our hearts go out to all those in Myanmar and Thailand affected by the devastating earthquake,” said Cook, in a social media post. Apple typically donates to the Red Cross following major natural disasters … Read more

White Lotus? Thailand will make it more difficult for tourists to visit

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White Lotus? Thailand will make it more difficult for tourists to visit

Thailand last year was second only to China as the Asian country welcoming the largest number of foreign tourists. And it’s been the subject of additional attention driven by the smash HBO show “White Lotus.” In the show’s third season, the luxury hotel that in real life is the Four Seasons on the Koh Samui … Read more

Thailand seizes 63 illegal crypto mining rigs that stole over $327k in electricity

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Thailand seizes 63 illegal crypto mining rigs that stole over 7k in electricity

Officials of Thailand’s Central Investigation Bureau (CIB) seized 63 illegal crypto mining machines on Friday, according to a report by The Nation. The illegal crypto mining rigs, worth around 2 million baht ($60,000), were found in three abandoned houses in the Pathum Thani province. Officials conducted a raid after locals of the region complained about … Read more

Thailand SEC Approves USDT and USDC Stablecoins for Trading on Regulated Exchanges

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Thailand SEC Approves USDT and USDC Stablecoins for Trading on Regulated Exchanges

Thailand’s Securities and Exchange Commission (SEC) has officially approved the use of two major stablecoins, Tether (USDT) and USD Coin (USDC), for trading on regulated digital asset exchanges. This move marks a significant step in the country’s evolving crypto landscape, aligning Thailand with global trends where stablecoins play a crucial role in digital asset markets. … Read more

Tether ($USDT) Is Now A Legally Approved Cryptocurrency In Thailand

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Tether ($USDT) Is Now A Legally Approved Cryptocurrency In Thailand

Thailand securities regulatory body legally recognised Tether ($USDT) stablecoin, unlocking new opportunities around Tether payments. Summary Thailand recognised Tether (USDT) stablecoin legally. The achievement of USDT may push USDT use in traditional payment services. $USDT is a top first-ranked stablecoin in the crypto market. Tether, a subsidiary of Bitfinex crypto exchange, manages all the financial … Read more

Minor International: steering a new path for sustainable finance in Thailand

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Minor International: steering a new path for sustainable finance in Thailand

The success of MINT’s landmark ESG financing in Thailand in mid-2024 showed the significance and future potential of sustainability-linked transactions for Asia’s capital markets.   This THB 8 billion ($237 million) issuance of debentures comprised a THB 5 billion sustainability-linked bond (SLB) and THB 3 billion conventional bond. It was a milestone in ESG … Read more

Thailand Approves Tether’s USD₮ for Regulated Trading

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Thailand Approves Tether’s USD₮ for Regulated Trading

Story Highlights Thailand’s SEC approves Tether’s USD₮ for regulated trading. USD₮ gains official recognition, paving the way for seamless digital payments. Tether prioritizes security and transparency in Thailand’s expanding crypto market. Thailand is making significant strides in the digital asset industry. The country’s Securities and Exchange Commission (SEC) has approved USD₮, the stablecoin issued by … Read more

Thailand SEC Adds USDC, USDT Stablecoins to Approved Cryptocurrencies

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Thailand SEC Adds USDC, USDT Stablecoins to Approved Cryptocurrencies

Thailand’s financial regulator the Securities and Exchange Commission (SEC) is expanding its list of approved cryptocurrencies with the two largest stablecoins, Tether’s USDT and Circle’s USDC as trading pairs on digital asset exchanges. Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM), and certain tokens used in the Bank of Thailand’s settlement system were approved … Read more