Binance to Start Thai Crypto Exchange With Billionaire Sarath

11/16/2023 11:49
Binance to Start Thai Crypto Exchange With Billionaire Sarath

A joint venture between Binance Holdings Ltd. and Gulf Energy Development Pcl plans to roll out a crypto exchange in Thailand early next year after winning licenses from the nation’s regulator.

  • Gulf Binance platform due to commence operations early 2024
  • Binance faces web of regulatory probes in other jurisdictions

Sarath Ratanavadi.

Photographer: Andre Malerba/Bloomberg

A joint venture between Binance Holdings Ltd. and Gulf Energy Development Pcl plans to roll out a crypto exchange in Thailand early next year after winning licenses from the nation’s regulator.

Gulf Binance Co. obtained approval from the Thai Securities and Exchange Commission on Nov. 10 to commence operations, according to a stock exchange filingBloomberg Terminal late Wednesday.

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Binance to Start Thai Crypto Exchange With Billionaire Sarath

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