Binance Intends to Launch a Crypto Exchange in Thailand in Q4 2023
Binance, the world’s largest cryptocurrency exchange, is simultaneously operating in several markets due to the rising number of its users.
The exchange’s founder and CEO Changpeng Zhao foresees wider investments in digital assets thanks to the increasing userbase.
In March, Binance also announced plans to build a blockchain hub in Georgia and launch a Bitcoin exchange in Thailand in the fourth quarter of 2023, for which the company has secured a license from the Thai Ministry of Finance and the Securities and Exchange Commission (SEC).
The exchange has stated that its activities in Thailand will be strictly regulated and the blockchain technology will be used to meet the demands of Thai users.
Binance thus provides them with a secure and regulated platform for trading.
