Trading in cryptocurrency in Thailand reached 14.8 billion baht during the period Jan 1, 2020 to Jan 24 of this year on seven exchanges, according to data disclosed publicly for the first time by the Securities and Exchange Commission (SEC). Three of the exchanges included in this figure only began their operations at the weekend.
Bitkub, the country’s largest cryptocurrency exchange, on Saturday submitted an improvement plan to the SEC and has resumed services on its website after a brief shutdown.
Bitkub had trouble keeping up with a large spike in trading volume after the value of bitcoin surpassed 1 million baht, attracting hordes of new investors and causing brief service…
