3 hours ago | 2 mins read Bitcoin News These safeguards are necessary to protect ordinary investors and traders as per SEC. The most recent event follows the liquidity issues that several exchanges ha...
Tag: Thailand
Thailand banking giants join in $5M funding for Forward DeFi company
Join Our Telegram channel to stay up to date on breaking news coverage The venture capital divisions of the leading banking giants in Thailand have invested in a decentralized finance platform known a...
Best hotels for business travelers in Asia-Pacific
Business travelers are on the road again. So there’s no better time for CNBC Travel to name the best hotels for business travel across Asia-Pacific. CNBC joined with the market and consumer data...
Regulators Tighten Crypto Market Rules in Thailand
The Thai SEC has tightened rules related to the crypto market, while the central bank is receiving more powers to regulate the market. Meanwhile, the country’s Gulf Energy Development is looking to la...
Bitcoin Holds Steady Above $21K; DeFi Platform Forward’s $5M Funding Round Highlights Crypto’s Growth in Thailand, but Regulation Lags
While noting bitcoin’s encouraging rebound from $18,500 earlier in the week, Joe DiPasquale, CEO of crypto asset manager BitBull Capital also said that such resurgences have not been unusual for...
Thai Aerospace Entrepreneur James Yenbamroong Bets Big With Spacetech Firm
Trained as an engineer, James Yenbamroong cut his teeth at defense giant Northrop Grumman before launching his own satellite company in Thailand. Mu Space is burning through capital to get his vision ...
BYD’s Thailand Factory Plan Underscores How China’s EV Industry Is Going Global
Warren Buffett-backed BYD was the world’s top maker of electric vehicles in the first half of 2022. … [+] Photographer: Kiyoshi Ota/Bloomberg © 2022 Bloomberg Finance LP Wednesday’s annou...
Billionaire Sarath Ratanavadi’s Gulf Energy Makes Maiden Investment In U.S. Electricity Market
Sarath Ratanavadi, founder and CEO of Gulf Energy. Courtesy of Sarath Ratanavadi Gulf Energy—controlled by billionaire Sarath Ratanavadi—has agreed to buy a 49% stake in a U.S. power plant from Japan’...
Chinese EV giant BYD plans to build a passenger car factory in Thailand
Chinese electric car company BYD has expanded rapidly overseas, including announcements in recent months of plans to enter Thailand’s and Japan’s passenger car markets. Pictured here is a ...
Thailand SEC Files Police Reports against Zipmex
Previously, Zipmex said it was in “advanced stages of negotiation” with two potential investors. The Securities and Exchange Commission (SEC) of Thailand has filed a police complaint against crypto e...
Zipmex facing legal battle with Thailand SEC over non-compliance
Thailand’s SEC has accused Zipmex and its CEO Eklarp Yimwilai of non-compliance with a request to provide details of transactions and wallets used to hold customers’ assets prior to the withdrawal fre...
Thailand SEC Imposes New Guidelines on Crypto Advertising
11 seconds ago | 2 mins read Bitcoin News The risk warning, according to the Thailand SEC, must be both clear and prominent. The Thailand SEC said that promotion must be conducted via authorized means...
Thailand SEC to apply strict guidelines for crypto ads
Thailand’s Securities and Exchange Commission (SEC) will implement stringent advertising rules for cryptocurrency firms operating in the country by October 2022. The Thai SEC informed cryptocurrency-r...
Crypto Ads In Thailand Have To Provide Risk Disclosure As Per SEC
Thailand’s Securities and Exchange Commission (SEC) has now introduced strict rules concerning the promotions as well as advertising of crypto. Cryptocurrency companies are now expected to follow thes...
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require – Regulation Bitcoin News
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses...
Thailand Tightens Crypto Advertising Rules after Crypto Zipmex Bankrupted
Thailand’s Securities & Exchange Commission (SEC) announced Thursday that it has tightened cryptocurrency firms’ advertising rules. In an emailed statement sent on Thursday, the SEC to...
Thailand Tightens Rules on Cryptocurrency Advertisement
The Securities and Exchange Commission (SEC) of Thailand has announced the strengthening of rules surrounding cryptocurrency companies in an effort to protect retail investors in the wake of the massi...
Thailand SEC Charges Bitkub Exchange’s CTO of Insider Trading
5 hours ago | 2 mins read Exchange News Bitkub’s CTO Samret Wajanasathian was penalized 8,530,383 baht (about $234,000). The announcement caused a 101% increase in the price of KUB. Enforcement proced...
Zipmex Seeks Meeting Thailand SEC Over Recovery Plan
14 seconds ago | 2 mins read Exchange News The claimed $40 million in fundraising will result in a $400 million value. The SEC opened a hotline for investors affected by the withdrawal bans. The Asian...
Zipmex in advanced rescue talks with investment firm, billionaire’s son: Source
Zipmex is in advanced talks with Country Group Holdings (CGH), a Thailand-based investment firm, and Chalermchai Mahagitsiri, son of Thai billionaire and coffee king Prayudh Mahagitsiri, a source with...
Thailand Banking Giant Pulls Plug on Bitkub Acquisition Deal – crypto.news
Thailand’s oldest bank Siam Bank Commercial (SCB) has decided to end plans to acquire a stake in the country’s leading cryptocurrency exchange Bitkub, citing pending regulatory issues. SCBx Ends Share...
Thai SEC Warns Thailand Investors of DeFi Transactions Touting Them as Risky
Thailand Security and Exchange Commission (SEC) has issued a warning in the state regarding the risks associated with DeFi transactions. The SEC says it is highly-likely that DeFi’s ecosystem, e...
How much does it cost to travel full time? Here’s what one couple pays
Ernestas Tyminas felt “stuck” in his role as a marketing manager at a newspaper in Colorado Springs, Colorado. So he requested two months off to backpack through Asia, he said, landing in ...
Ripple Collab to Power Instant Payment Between Japan and Thailand
Ripple collaborates with SBI Remit to enable instant money transfer. This collaboration benefits the users of Japan and Thailand to use real-time payments. The Japanese SBI Remit, proceeding to use Ri...
Ripple, SBI Remit Join Hands to Enable Real-Time Payments Between Japan and Thailand
Japan’s SBI Remit will use RippleNet Technology to enable instant money transfers between Japan and Thailand. The new partnership also brings Thailand’s Siam Commercial Bank (SCB) on board, Ripple sai...
Luxury resort chain now accepts Bitcoin and Ethereum as payment in Maldives and Thailand
With the growing acceptance of cryptocurrencies worldwide, more businesses are starting to accept digital assets as payment, including the hospitality sector. Soneva, a leader in the high-end hotel in...
Ripple to Power Remittances Between Japan and Thailand via New Partnership
Gamza Khanzadaev Ripple unites with SBI again but now in a new Inter-Asian project Crypto company Ripple announced the launch of a new joint project with SBI Remit to streamline Japan-Thailand money t...
Indian travelers more confident than Japanese, Aussies
For the most part, residents of Asia-Pacific can travel again. But some are more confident about packing their bags than others. Travel confidence is “diverse and nuanced” in the region, a...
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets – Coinotizia
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank ...
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets – Regulation Bitcoin News
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank ...
Thailand Set to Reform Crypto Rules After Market Rout
After Zipmex’s implosion, regulators in Thailand have seemingly had enough and are looking to revamp the laws regulating the country’s cryptocurrency industry. Arkhom Termpittayapaisith, Thailand’s Fi...
Central Bank of Thailand to Get More Powers In New Overhaul of Crypto Rules
On one hand, as Thailand prepares for the launch of its central bank digital currency (CBDC), it is simultaneously working to tighten crypto rules. The government of Thailand is looking to tighten the...