Coinspeaker
Binance Opens Its Thailand Exchange to General Public
Binance, one of the world’s biggest cryptocurrency exchanges, has opened up a localized crypto exchange in Thailand. According to a recent announcement by Nirun Fuwattananukul, CEO of Gulf Binance, the new exchange has satisfied all regulatory requirements and is immediately open for trading.
The public launch of the exchange means that residents of Thailand who are interested in trading crypto may now do so on the new platform. There is a caveat, though. Not all residents will be able to access the Binance TH platform. Registration is limited to residents with the Thai National Digital ID. This means that foreigners living in the country may not be able to access the platform.
Nirun, who expressed delight in the eventual launch, recalled all the efforts that were put into creating the exchange. His statement read in part:
“Over the past year, we have been working closely with Thai regulators, putting substantial eff
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