Binance targets Thailand as key market for crypto expansion

Quick Summary:

Thailand is one of Binance's key strategic markets as the world's largest cryptocurrency exchange aims to reach the one-billion-user mark, amid a push to turn crypto into a mainstream currency, executives say.

"Binance alone added 60 million users over the last six months, and that is not just as a result of Binance being a good brand.

Binance chief executive Richard Teng said the company is now the most regulated exchange worldwide, with 20 existing regulatory approvals and more on the way.

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Article Details

Category: EconomyBusiness

Markets: Thailand

Topics: Being Rate World Industry Global Users Been Binance Crypto Company Thailand

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 05:51:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 619 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23414758

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 15 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 2 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #66

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