Thailand’s central bank is reported to be working with commercial banks in developing a distributed ledger system.
The blockchain system is expected to help farmers who have trouble turning a profit due to low and unstable palm oil prices.
The Thai SEC has approved crypto exchange Zipmex to operate in the country, becoming one of just a handful of crypto exchanges licensed in the Asian nation
The alleged pyramid scheme known as Khung Nong Cryptocurrency Trading became popular with investors in 2018.
From Thailand’s e-visa to India’s Tata consultants, America’s AMD to China’s TikTok, blockchain is ending the year on a high as more global giants adopt.
Authorities in Thailand have arrested 24 Chinese nationals in connection with a BTC investment scam thought to be operating an industrial scale from Bangkok.
Thailand’s crypto and blockchain industry has struggled, so they are hoping to change things up in the new year.
The SEC wants to make the regulations even better so as to promote the growth of the crypto industry.
Hong Kong and Thailand have been conducting research on a state-backed digital currency, with the report coming by Q1 next year.
Led by its Chairman Xi Jinping, China is all in on blockchain as Bahamas explores CBDC. Regulators are also stepping up their game as blockchain makes its mark