Thailand

Thailand looks to ban Facebook next week over crypto ad scams

Global regulatory developments are literally reshaping the crypto world

Governments across the globe are catching up cryptocurrency innovation as they work to establish regulations that will shape the industry's physical and geographical presence.

Circle targets APAC’s 74% USD trade invoicing for digital dollar growth

Circle's USDC seeks to transform Asia's financial infrastructure, leveraging the USD's dominance in trade invoicing.

Belarus eyes ban on peer-to-peer crypto transactions in fight against cybercrime

Belarus said the move would help the country combat cybercrimes and make it difficult for criminals to launder their funds. 

Asia crypto hubs introduce new bans to lending, staking for retail investors

Singapore and Thailand are limiting the offering lending or staking services to retail users.

Binance, Gulf Innova joint venture bags digital asset operator license in Thailand

Combining Binance's crypto expertise with Gulf Innova's local network, Gulf Binance aims to launch a regulated crypto exchange by Q4 2023.

Zipmex acquisition faces challenges as buyer misses $1.2M payment

Zipmex reportedly said the failed payment could force it to liquidate its technology unit and suspend its payroll.

Four men controlled 86% of Tether shares in 2018

Tether is deeply intertwined with Bitfinex. The two firms have a common CEO, CFO and general counsel, as per a WSJ report.

Thailand’s SEC mandates exchanges to establish digital wallet management system

Digital asset providers in Thailand are required to have contingency plans in case of events that compromise their digital wallets.

Thailand SEC to probe Zipmex over unregistered earn products

The SEC said that Zipmex could have unduly operated as a fund manager by offering its ZipUP earn products.

G7 economies move into development stage of CBDCs

G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.

BMW to bring blockchain loyalty program through Coinweb and BNB chain

BMW onboarded Coinweb in order to adopt a decentralized and efficient architecture and BNB chain to help settle its every transaction.