Global #Thailand

Thailand’s Securities and Exchange Commission (SEC) has officially launched a new regulatory sandbox aimed at advancing cryptocurrency innovations while balancing regulatory oversight.

The cryptocurrency industry across Asia is undergoing significant transformations as governments in the region introduce stricter regulations while simultaneously encouraging innovation.

On August 9, Thailand’s financial regulators unveiled a new "regulatory sandbox" designed to test and refine cryptocurrency services. This initiative, spearheaded by the country’s Securities and Exchange Commission (SEC), is a strategic step to address the rapid adoption of digital assets and the need for effective regulation.

Hold on to your bananas, because ApeCoin DAO is going ape in Thailand! The Decentralized Autonomous Organization (DAO) behind the Bored Ape Yacht Club's cryptocurrency just approved a wild proposal: an ape-themed hotel in the heart of Bangkok.

The Thai government's ambitious plan to distribute 10,000 baht to eligible citizens through a digital wallet initiative is gaining traction, with registration expected to open soon.

Zipmex, a prominent cryptocurrency exchange in Thailand, has suffered a major blow after losing its operating license from the country's Securities and Exchange Commission (SEC). This decision comes amidst mounting financial strain for the exchange, raising concerns for its users and the broader Thai crypto market.