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<ul class="news-points"> 
 <li>Binance partners with Gulf Energy Development to launch a crypto exchange in Thailand.</li> 
 <li>The partnership, known as Gulf Binance Co., has attained regulatory approval from the Thai SEC.</li> 
 <li>Initially, Binance Thai will serve as an invitation-only exchange before opening to the public.</li> 
</ul> 
According to a report by <a href="https://www.bloomberg.com/news/articles/2023-11-16/binance-to-start-thai-crypto-exchange-with-billionaire-sarath" target="_blank" rel="nofollow">Bloomberg</a>, Binance and Gulf Energy Development Private Company Ltd have joined hands with the vision of expanding Binance’s services to Thailand. The report revealed that Gulf Binance Co., has attained regulatory approval from the Thai Securities and Exchange Commission (SEC), permitting Binance to launch a crypto exchange in Thailand.&nbsp;&nbsp; 
The strategic partners intend to launch a new crypto exchange, Binance Thai, in Thailand by the first quarter of 2024. Before opening to the public, Binance Thai will serve as an invitation-only exchange. 
In May 2023, Binance <a href="https://www.binance.com/en-IN/blog/ecosystem/gulf-binance-secures-digital-asset-operator-licenses-in-thailand-3415121915568823678" target="_blank" rel="nofollow">announced</a> its plans to launch in Thailand, following the acquisition of digital asset operator licenses from Thailand’s Ministry of Finance. Gulf Energy Development, in a statement, unveiled their alliance with Binance and plan for a new crypto platform in Thailand. The firm <a href="https://weblink.set.or.th/dat/news/202311/1391NWS151120231838120570E.pdf" target="_blank" rel="nofollow">asserted</a>, 
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 Gulf Bin…
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The post <a href="https://coinedition.com/binance-partners-with-thai-energy-giant-to-launch-new-exchange/">Binance Partners with Thai Energy Giant to Launch New Exchange</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Binance Partners with Thai Energy Giant to Launch New Exchange

Coin Edition

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