Binance, the world’s largest cryptocurrency exchange, launched the cryptocurrency exchange named “Binance TH”, thanks to the partnership of Thailand-based energy company Gulf Energy.
In the past period Binance, Binance Capital Management And Gulf Energy Development come together and “Gulf BinanceHe founded a company based in Thailand called “. this company May 2023 In order to provide cryptocurrency services in the country on Licensed by the Ministry of Finance of Thailand.
According to the latest statement made by Binance, the company, which initially accepted users only by private invitation and did not open to the public. opened to public access.
For eligible Thai users cryptocurrency exchange and brokerage platform This initiative will provide serviceBinance TH” was called. Thai users, local currency “Thai Baht” via Binance TH accounts cryptocurrency trading they will be able to.
Making a statement on the subject Binance CEO Richard TengBinance TH’s Thai people accessing a reliable and transparent cryptocurrency service He stated that it will play an important role:
With the full opening of Binance TH to the general public in Thailand by our joint venture in Thailand, we will continue our unwavering commitment to security, transparency and quality of service. Blockchain technology and digital assets have the power to enable financial inclusion. With this technology in hand, we aim to be part of the community that digitalises the Thai economy, facilitates growth and fosters new opportunities. This is a strategic step that lays the groundwork for Thailand’s upcoming role as a key player in the global digital finance environment.
Binance and Thai billionaire Sarath Ratanavadi’s Gulf Energy It had reached initial agreements to launch a joint venture in April 2022.