Search
Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
25.8.2022
The bank cited concerns with Bitkub “resolving various issues,” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline
Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange
25.8.2022
Siam Commercial Bank, Thailand’s oldest lender, abandoned a plan to buy a majority of Bitkub Online, citing unresolved regulatory issues
Soneva’s Luxury Resorts Now Accept Crypto Payments
17.8.2022
Luxury resort chain Soneva has reportedly begun accepting cryptocurrency payments at its resorts in the Maldives and Thailand. “Accepting cryptocurrencies as a payment method is another example of enabling our international guests to easily make payments from anywhere in the world.”...
BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple's and SBI Remit's New Project, No-Deals + More News
16.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: BitGo Lawyers Up, Hodlnaut Files for Protection, XP Launches Trading Platform, Ripple's and SBI Remit's New Project...
Zipmex gets 3 month protection in Singapore amid halted withdrawals
15.8.2022
Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets
10.8.2022
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are...
Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News
9.8.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________...
Read More: Iran Goes Crypto, Ethereum Classic Camp Is Against Ethereum PoW Fork + More News
The Bank of Thailand to pilot Retail CBDC by the end of 2022
5.8.2022
The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks
Thailand's Central Bank Extends Retail CBDC Study to Pilot Phase
5.8.2022
The announcement noted how central banks across the world were seeing "the potential of retail CBDC as being the foundation of the future financial system."
Thai SEC approves four crypto firms despite Zipmex woes
5.8.2022
Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals
First Mover Asia: BTC Dips Below $23.5K; The Crypto Bear Market Will Test Thailand’s SEC
1.8.2022
The country’s market regulator has said that stricter digital asset rules are coming to ensure that investors are protected; BTC trades slightly lower on Sunday
Since 2014, Roughly 42% of Failed Crypto Exchanges Have Disappeared Without a Trace for No Apparent Reason
25.7.2022
Just recently, coinjournal.net published a report that shows the number of cryptocurrency exchanges that have failed during the last eight years. Interestingly, the researcher’s data shows that 42% of failed crypto asset trading platforms disappeared without a trace, giving users...
Thai SEC launches digital hotline for Zipmex users
25.7.2022
The investors affected by Zipmex's withdrawals' pause can submit information about their losses via an online forum on the Thai SEC’s official website
Zipmex resumes withdrawals for trade wallets
22.7.2022
The crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively
Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules
22.7.2022
The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in domestic crypto trading. SCB Postpones...
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
21.7.2022
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.”
Crypto Exchange Zipmex Halts Withdrawals Citing Market Conditions, Financial Difficulties of Business Partners
20.7.2022
Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex...
Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
20.7.2022
Cointelegraph spoke to the CEO of Zipmex following the failed Coinbase deal regarding rumors that crypto contagion has spread to Thailand
Thailand’s Crypto Utopia — ‘90% of a cult, without all the weird stuff’
30.6.2022
A ‘very ambitious’ $100M Metaverse R&D hub is being built in Melbourne
23.6.2022
“We're really designing a whole world,” Two Bulls founder James Kane said about the role his business will play in the yet to launch metaverse