The bank’s investment arm, SCB 10X, has promoted two female executives to lead its Web, DeFi and Blockchain investments
Thailand’s Securities and Exchange Commissioned revoked the trading platform’s license, citing failure to follow rules
The crypto platform seeks to offer DeFi projects liquidity incentives and achieve regulatory compliance for crypto firms
The exchange said the partnership will help draw in new users as part of its “long-term strategy” for future growth
Thailand has dumped plans to impose a crypto withholding tax in a move that has been welcomed by the kindom’s traders
Thai regulators said digital asset business operators had increased the use for payments for goods and services, posing a risk to the kingdom’s economy
Binance’s move can be seen as a way for the exchange to regain a footing in the country following criminal complaints last year.
Thailand is weighing up measures either to tax revenue from each crypto transaction or only profits