Binance gains first Southeast Asian licence from Thailand

Binance gains first Southeast Asian licence from Thailand

FILE PHOTO: A composition showing crypto currency with the Binance logo. Picture taken on Nov. 10, 2022. REUTERS/Dado Ruvic/File Photo

Thailand’s Securities and Exchange Commission on Friday approved a joint venture between Binance and Gulf Energy Development to operate a digital asset exchange and brokerage, granting the cryptocurrency giant its first license in Southeast Asia.