CBDCs
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.
Josh O'Sullivan 2 min read
Thailand News
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Adoption
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.
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
Latest Thailand Crypto News & Analysis
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.
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.
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.
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.
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.
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.
