In a landmark move, Binance, the world-renowned crypto exchange, and Gulf Innova, a branch of Gulf Energy Development, have officially opened Binance Thailand for trading. This venture marks a significant step in Thailand’s journey towards becoming a major force in global digital finance. Nirun Fuwattananukul, CEO of Gulf Binance, expressed gratitude and excitement about the launch, highlighting the extensive collaborative efforts with Thai regulators to ensure a meticulously planned platform.
Binance TH is set to revolutionize digital asset exchange in the country, offering Thai baht trading pairs and seamless integration with local banks. It also collaborates with Binance Kazakhstan to provide brokerage services, all under the watchful eye of Thailand’s SEC. Richard Teng, CEO of Binance, emphasized the venture’s commitment to security, transparency, and high-quality service. He underscored the transformative potential of blockchain technology and digital assets in fostering financial inclusion, positioning Thailand as an emerging leader in digital finance.