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Binance and Gulf Innova launched a joint venture in Thailand

Market and Events: Binance and Gulf Innova launched a joint venture in Thailand

Binance, in collaboration with Gulf Innova, a subsidiary of Gulf Energy Development, recently announced a joint venture called Gulf Binance in Thailand.

According to a statement from #Binance, Gulf Binance is introducing its comprehensive cryptocurrency exchange and brokerage platform known as Binance TH. This platform will allow Thai users to conveniently buy and sell cryptocurrencies using local currency.

Nirun Phuwattananukul, CEO of Gulf Binance, said that a fruitful cooperation with Thai regulators has been established over the past year. As a result, Binance TH can now provide users with access to proven and secure technology, providing a reliable and convenient platform.

Richard Teng, CEO of Binance, emphasized that the launch of Binance TH represents a strategic achievement positioning #Thailand as a significant player in the global digital finance landscape.

It is worth noting that #Gulf Binance received a cryptocurrency operator license in Thailand in May 2023.

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