Thailand
Huobi Group Greenlit by Thai Regulators to Operate Crypto Exchange
Cryptocurrency exchange Huobi Group announced that they have secured the necessary regulatory approval to operate in Thailand. The group expects that their platform will go live latest by September 2019. “Huobi is one of the largest exchanges in the world
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Millions of Durians Will Be Tracked on the Blockchain for Thailand’s Largest Durian Exporter
DiMuto has closed a deal with Queen, Thailand’s largest durian exporter and producer to track durians on the blockchain. DiMuto will tag, track and trace around four million fresh durians from Thailand to China, Japan and other parts of Asia.
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InstaReM to Power Cross-Border Payments of Major Thai Bank
InstaReM, a digital cross–border money transfer company, has announced that it will now power cross–border payments for the clients of KASIKORNBANK (KBank), one of Thailand’s leading banking group. Announcing InstaReM’s partnership with KBank, Prajit Nanu, co–founder and CEO of InstaReM
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R3 and Wipro to Power Thailand’s Digital Currency, Project Inthathon
In what seems to be a streak of nations embracing central bank backed digital currencies (CDBC) and Wholesale CDBCs, Wipro announced today that in partnership with R3 they have developed a blockchain-based solution prototype for a consortium consisting of the
Read MoreThailand’s First ICO Portal Awaits Approval From Govt. Agencies
Thailand’s securities watchdog has approved the first initial coin offering (ICO) portal and is reportedly seeking to issue application norms for securities token offerings (STO) soon. Thailand is finalizing its “first authorized ICO portal” and now needs final approval from
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How Thailand is Leading the Charge in Blockchain and Crypto Adoption
Despite blockchain being celebrated for ushering in the next generation of the digital revolution, legal and regulatory concerns have hindered the widespread adoption of cryptocurrency and its underlying technology. While some legislators across the globe such as those in China
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Thai Insurtech Startup Raises US$ 10 M Funding, Eyes Expansion into Singapore
After successfully raising a US$ 10 Million series A led by Vertex Ventures, Thailand-based insurtech startup Sunday is eyeing expansion into Singapore, Malaysia and Indonesia. This new funding round puts Sunday among the top-funded fintech startups in Thailand Sunday is
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10 of the Top Funded Fintech Startups in Thailand
Thailand has certainly evolved into an interesting landscape for fintech as of late, thanks to a big push by the government in developing its fintech industry as part of the country’s broader Smart Cities and Thailand 4.0 initiative. The goal is
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UOB Joins in the Wave of Digital-Only Banks With the Launch of TMRW in Thailand
The year 2019 seems to be the year when the banks jump into the digital only bank bandwagon, with CIMB announcing the launch of its digital-only bank in both Philippines and Vietnam. UOB is the latest to join the fray,
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Thailand Accelerates Mobile Payments Adoption
Like its ASEAN counterparts, Thailand is pushing for greater of adoption of mobile payments with industry participants, including government agencies, financial institutions and fintech companies, all actively working towards increasing awareness and accelerating adoption. Payments is the largest fintech segment
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