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Currency Security and Gulf Energy Partner to Open a Cryptocurren

Date:2024-06-22 17:59:12 Channel:Exchange Read:

In today's digital economy era, cryptocurrency exchanges are becoming a hot topic in the financial field. With the growing global energy demand, energy cooperation in the Gulf region has also attracted much attention. Thailand, as an important economy in Southeast Asia, will open a cryptocurrency exchange to bring new prospects for currency security and Gulf energy cooperation.

Cryptocurrency exchanges are not only a trading place for digital currencies, but also a perfect combination of financial technology and blockchain technology. In this era of information explosion, the security of digital currencies has attracted much attention. The opening of a cryptocurrency exchange in Thailand is not only a major measure of financial innovation, but also an emphasis on and guarantee of currency security. Through cryptocurrency exchanges, currency security can be better guaranteed, providing users with a more convenient and secure trading environment.

As an important energy strategic location in the world, energy cooperation in the Gulf region has always attracted much attention. The opening of a cryptocurrency exchange in Thailand will inject new impetus into Gulf energy cooperation. Through the opening of a cryptocurrency exchange, it can not only facilitate energy cooperation in the Gulf region, but also strengthen economic ties and cooperation between countries, and open up new channels for the development of the energy industry.

As the economic leader in Southeast Asia, Thailand's opening of a cryptocurrency exchange will further enhance its position in the field of financial technology. With the continuous development of blockchain technology, cryptocurrency exchanges will become an important part of the future financial field. Thailand's move will not only promote the development of the digital economy, but also bring new vitality to financial innovation in the entire Southeast Asian region.

In this digital age, currency security is crucial. The rise of cryptocurrency exchanges provides new guarantees for currency security. The opening of a cryptocurrency exchange in Thailand will provide users with a safer and more convenient trading experience and escort currency security.

Gulf energy cooperation has always been one of the focuses of international attention. The opening of a cryptocurrency exchange in Thailand will bring more opportunities and possibilities for energy cooperation in the Gulf region. Through the transaction of digital currencies, economic cooperation between countries will be closer, injecting new vitality into Gulf energy cooperation and promoting the development of the energy industry.

In general, the opening of a cryptocurrency exchange in Thailand will not only provide better guarantees for currency security, but also bring new opportunities and prospects for Gulf energy cooperation. In the era of digital economy, the development of cryptocurrency exchanges is unstoppable, and Thailand's move will inject new vitality into financial innovation and energy cooperation in the entire region. I believe that with the continuous development of cryptocurrency exchanges, the prospects for currency security and Gulf energy cooperation will be broader.

The four most famous international exchanges:

Binance INTL
OKX INTL
Gate.io INTL
Huobi INTL
Binance International Line OKX International Line Gate.io International Line Huobi International Line
China Line APP DL China Line APP DL
China Line APP DL
China Line APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.


() has reached an agreement with Gulf Energy Development, a major Thai power plant, and the two parties will cooperate to set up in Thailand.

Gulf Energy Development of Thailand is owned by Thai tycoon Sarath
Ratanavadi. It has traditionally been mainly engaged in power-related businesses, but has turned to diversified expansion in recent years. Gulf Energy recently disclosed to the Stock Exchange of Thailand that its wholly-owned subsidiary, GulfInnova, will study the development of a digital asset exchange with Binance.

Gulf Energy also said that it can be foreseen that Thailand's digital infrastructure will develop rapidly in the next few years, and cryptocurrencies will play an important role in meeting the needs of the Thai people.

Binance said it intends to set up a cryptocurrency exchange and related businesses in Thailand. In response, a Binance spokesperson pointed out that this is the first step in exploring opportunities in the Thai market. The goal is to work with the government, regulators and innovative companies to develop a cryptocurrency and blockchain ecosystem in Thailand. The first step is to explore opportunities in an open and collaborative manner.

Gulf Energy and the Stock Exchange of Thailand did not immediately respond to requests for comment. In July last year, the Securities and Exchange Commission (SEC), the Thai market regulator, filed a criminal complaint against Binance, accusing Binance of operating a digital asset business in Thailand without a license.

Binance started in China in 2017, and then moved overseas due to the local cryptocurrency ban. In just 4 years, it has become the world's largest cryptocurrency exchange, but it has not set up a headquarters so far. It originally wanted to hold the principle of decentralization - "no headquarters, work globally, no borders, and wherever you sit will be a Binance office." However, as regulators in various countries continue to put pressure on Binance, Binance has to start looking for locations where it can set up physical bases, trying to get local authorities to recognize such an operating model. Zhao Changpeng once said that he plans to register companies in all places where Binance operates. Today, Binance has cooperated with Gulf Energy to open a cryptocurrency exchange in Thailand, which marks that Binance has made progress in its global compliance process. Last month, Binance just received the principle approval of the Central Bank of Bahrain to become the country's crypto asset service provider, and obtained an operating license in Canada to provide cryptocurrency services locally. In addition, Binance has signed a cooperation agreement with the Dubai World Trade Center Authority (DWTCA) to jointly promote the establishment of a new international crypto asset ecosystem in Dubai. It is also rumored that Binance executives are in consultation with financial regulators in Dubai and the UAE and plan to set up their headquarters there.

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