Thailand Bank SCB Launches Stablecoin Remittance Solution
Thailand’s SCB introduces a stablecoin remittance solution that streamlines 24/7 cross-border payments while increasing security and efficiency. Siam Commercial Bank (SCB) has partnered with SCB 10X to introduce Thailand’s first cross-border payment solution using stablecoins. This new system, developed in collaboration with Lightnet, aims to provide a faster and simpler cross-border payment service utilizing stablecoins […]
Thailand SEC Unveils Sandbox for Bitcoin and Crypto Innovation
To enhance Thailand’s crypto economy, the SEC launched a Bitcoin and digital asset innovation sandbox. On August 9, Thailand’s Securities and Exchange Commission (SEC) officially launched its Digital Asset Regulatory Sandbox. This initiative aims to foster innovation in the country’s Bitcoin (BTC) and broader digital asset sector by offering a controlled environment where companies can […]
Thailand’s SEC Approves First Spot Bitcoin ETF
The Thailand SEC approved the first Bitcoin ETF, advancing digital asset adoption. OnEAM leads this project, offering safe, regulated investment options. Thailand’s inaugural spot Bitcoin Exchange-Traded Fund (ETF) has received approval from the Thailand Securities and Exchange Commission (SEC), marking a significant milestone in the cryptocurrency market. This momentous action signifies a major leap in […]
Ex Zipmex CEO Faces Charges From Thailand SEC
Akalarp Yimwilai, the former CEO of Zipmex, has been charged with fraud by Thailand’s Securities and Exchange Commission (SEC) for allegedly misleading clients by providing them with information about utilizing their digital assets. The Thai SEC stated on February 8 that Akalarp, while serving as CEO of Zipmex Thailand, disseminated inaccurate information concerning the transfer […]
Zipmex to Suspend Services Temporarily in Thailand
Thailand’s Securities and Exchange Commission (SEC) has issued a temporary suspension order for digital asset trading and brokerage services on the cryptocurrency exchange Zipmex. The SEC stated in a supplemental filing on February 2 that Zipmex had fifteen days to rectify “its financial position and operational deficiencies,” as the financial regulator had previously mandated. The […]