Gulf Binance to be launched next year
PUBLISHED : 17 Nov 2023 at 04:00
Gulf Binance, the latest company to receive a digital asset business licence from the Securities and Exchange Commission (SEC), is expected to start trading cryptocurrencies in Thailand early next year amid fierce competition among nine other crypto exchanges.
Yupapin Wangviwat, deputy chief executive and chief financial officer of Gulf Energy Development (Gulf), informed the Stock Exchange of Thailand (SET) that Gulf Binance will initially be open only to invited users, with plans to open to the public in early 2024.
Gulf Binance is a joint venture between Gulf Innova, which is wholly-owned by Gulf, and Binance, the…