Bloomberg Binance Holdings Ltd., the world’s largest cryptocurrency exchange, has reached an agreement with Plc. Gulf Energy Development of Mr. Sarat Ratanavadi to study the opening of digital asset exchanges in Southeast Asia
Gulf said the MOU with Binance, the world’s largest crypto exchange, with trading volumes being driven by rapid growth in digital infrastructure in the years to come, according to the letter to the stock exchange. of Thailand which was noticed by Bloomberg
A Binance spokesperson said: “This is the first step” in exploring opportunities in Thailand, while Gulf Energy Development And the Thai Stock Exchange did not immediately respond to a request for comment.
This partnership is Binance’s latest effort to set up operations around the world. Last month, the company received preliminary approval from Bahrain’s central bank as a digital asset provider. and signed an agreement with the Dubai World Trade Center on digital asset regulation.
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