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Thailand

Coverage of exchange policy, tourism-linked crypto payments, and institutional interest in Web3.

Analysis

Asia’s Bitcoin supply records new ATH while US, EU reserves shrink

Asia currently holds 7.3% of the total Bitcoin supply as market moves inversely to the West

3 years ago

CBDCs

Hong Kong Monetary Authority announces success and key findings from CBDC project, mBridge

Hong Kong Monetary Authority published a report to announce its CBDC project, mBridge's key accomplishments, use cases, and areas of improvement.

3 years ago

Adoption

Sweden’s central bank tests CBDC for retail and international remittance payments

Sweden's Riksbank teamed up with BIS, along with the central banks of Israel and Norway to test the use of Sweden's CBDC "e-krona", results will be published in a report by the first quarter of 2023.

3 years ago

Regulation

Thailand’s SEC sues 5 for wash trading activities

Thailand's SEC has increased its regulatory oversight over the crypto space since the crypto market crash, focusing on protecting traders.

3 years ago

Regulation

Zipmex facing legal battle with Thailand SEC over non-compliance

Thailand's SEC has accused Zipmex and its CEO Eklarp Yimwilai of failing to submit complete information about transactions and wallets holding customers' asset prior to withdrawal freeze.

3 years ago

Bankruptcy

Zipmex enables up to $153 worth of ETH withdrawals

The lender, which returned all SOL, XRP and ADA tokens to users over the past week, will allow withdrawal of up to 0.0045 BTC from Aug. 16.

3 years ago

Lending

Zipmex aims to slowly reinstate withdrawals of certain altcoins

Zipmex said that it is working to recover funds from Babel Finance and has signed a MOU with two investors to fully re-enable withdrawals.

3 years ago

Regulation

Thailand SEC to investigate impact of Zipmex’s withdrawal freeze

Users affected by Zipmex’s withdrawal freeze were requested to provide feedback to Thailand's SEC, as Zipmex faces a liquidity crisis from exposure to Celsius and Babel Finance.

3 years ago