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SCB 10X debuts Rubie Wallet with Thai baht and US dollar stablecoins
14.11.2024
SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand
SCB 10X debuts Rubie Wallet with Thai baht and US dollar stablecoins
14.11.2024
SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand
SCB 10X debuts Rubie Wallet with Thai baht and US dollar stablecoins
14.11.2024
SCB rolled out a convenient and inexpensive stablecoin wallet that is sure to appeal to tourists in Thailand
Bank of Thailand Tests Potential of a Retail CBDC, the Digital Baht
9.5.2024
The Bank of Thailand (BOT) has released a report on its Retail Central Bank Digital Currency (CBDC) pilot project, conducted using Giesecke+Devrient’s (G+D) technology solution. The project tested the digital version of the Baht and its potential for financial innovation, delivering key lessons...
Binance Launches Digital Asset Exchange in Thailand in Collaboration with Gulf Innova
16.1.2024
Binance , one of the leading global crypto exchanges, has unveiled its joint venture crypto exchange Binance Thailand, which comes in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development. Binance Thailand, abbreviated as Binance TH, provides a platform for digital asset exchange...
Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
8.4.2023
A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office...
Crypto Scammer Arrested in Bangkok After Fleeing With 500 Million Baht
28.12.2021
A man allegedly behind a cryptocurrency investment scam has been arrested in Bangkok, Thailand. He lured people into investing in his fraudulent crypto scheme by promising high returns, telling investors they could earn a 400% return by investing in just 200 days. Alleged Crypto Scammer Arrested...
Thai Public Company Brooker Group Invests $6.6 Million in Bitcoin
15.5.2021
The Brooker Group has reportedly become the first publicly listed company in Thailand to hold bitcoin on its balance sheet. The company has disclosed that it has bought 122.3158 bitcoins worth $6.6 million or 200 million baht. Thai Public Company Invests in Bitcoin The number of public companies...
Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
21.3.2021
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. Thailand Bans Baht-Pegged Stablecoin The Bank of Thailand,...
Thai Central Bank Sets A Precedent By Banning Baht-pegged Stablecoin
18.3.2021
Source: iStock/Jan-Otto
The Thai central bank, the Bank of Thailand, has taken the unprecedented step of banning a fiat baht-pegged stablecoin, claiming that it could undermine the Thai public’s confidence in the existing financial system.
The stablecoin in question is the THT, the brainchild...
Thailand’s central bank warns against ‘illegal’ THT stablecoin
18.3.2021
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers
Thailand’s Central Bank Eyes DeFi Use Cases for Its Digital Baht
14.8.2020
Thailand’s central bank assesses the chances of bringing centralized and decentralized together
Bank of Thailand Progresses With Digital Baht Tests Before Public Launch
16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses
Binance Crypto Exchange Adds Support for Australian Dollars and Thai Baht
8.1.2020
Binance, the world’s second-largest cryptocurrency exchange, has added support for Australia and Thailand’s fiat currencies