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According to the official announcement, Gulf Binance is scheduled to launch in Thailand in the fourth quarter of 2023.
Gulf Binance, a joint venture between Binance and Gulf Innova Co., has obtained a digital asset management license from Thailand’s Securities and Exchange Commission.
The establishment of Gulf Binance follows an agreement between the two organizations to establish a digital asset exchange in Thailand in 2022.
Gulf Inova Co. engages in conventional and renewable power generation and distribution businesses, natural gas supply and distribution, infrastructure development projects, digital infrastructure businesses, and more.
“Countries where the cryptocurrency space is thriving”
Thai SEC License Allows Gulf Binance to Leverage Binance’s Infrastructure and Network to Leverage Gulf’s Established Presence and Industry Knowledge in Thailand to Operate as a Digital Asset Exchange and Digital Asset Broker Become.
According to the official announcement, Gulf Binance is scheduled to launch in Thailand in the fourth quarter of 2023.
Richard Teng, Regional Head of Asia, Europe and MENA at Binance, said, “We are grateful and honored to license Gulf Binance in Thailand as a digital asset operator. The country has a thriving cryptocurrency space. and a country that has shown a strong commitment to adopting blockchain.” technology. By leveraging Binance’s expertise and Gulf’s established local presence and network, Gulf Binance aims to unlock the full potential of blockchain technology to meet the needs of Thai users. Local users can expect access to a trusted and regulated service that prioritizes user security along with compliance with local regulations. “
Binance Integrates Spot Trading with TradingView
Earlier this month, spot trading on Binance was integrated with professional charting and trading platform TradingView, allowing users to perform technical and fundamental analysis without leaving the site, as well as trade via charts. Announced.
TradingView and Binance, the world’s largest cryptocurrency exchange, have announced an expanded partnership to include spot trading. This follows the successful introduction of Binance Futures on the TradingView platform in 2022.
Binance announced the integration in a blog post, highlighting how users can efficiently manage their trades and learn new strategies with a vibrant community.
Known for its impressive market presence, this influential exchange boasts approximately $20 billion in spot trading volume per day and offers over 1,400 spot pairs for trading. Simply connect to the platform using your Binance account to access additional features.
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