Binance, the world's largest cryptocurrency exchange, has partnered with Gulf Innova Co Ltd, a major technology firm in the Gulf region, to launch a new crypto exchange in Thailand. The joint venture, known as "Gulf Binance Co Ltd," has secured digital asset operator licenses from Thailand's Ministry of Finance and will be regulated by the country's Securities and Exchange Commission. The collaboration aims to tap into the growing demand for digital assets in Thailand and provide a reliable and secure platform for Thai investors to participate in the crypto market. The launch of the exchange comes at an opportune time as Thailand continues to embrace digital innovation and blockchain technology.
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