According to a statement by Binance, the company, in collaboration with its subsidiary Gulf Energy Development, Gulf Innova, has announced the launch of a joint venture, Gulf Binance, in Thailand, as reported by The Block.
Gulf Binance is commencing full operation of its cryptocurrency exchange and brokerage platform, named Binance TH. […] Thai users can buy and sell cryptocurrencies in the local currency.stated in the message.
The CEO of Gulf Binance, Nirun Fuwattananukul, noted that cooperation with Thai regulators has been established over the past year.
Binance TH can now offer access to proven and secure technology, providing a reliable and user-friendly platform.added the CEO of Gulf Binance.
Richard Teng, the head of Binance, expressed the opinion that the launch of Binance TH represents a strategically important step forward, setting the foundation for Thailand's future role as a significant participant in the global digital finance sphere.
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