How popular is crypto in Thailand?

To give a context on how widely crypto is in use in Thailand, 9.9% of all the internet users in the country own cryptocurrency, data suggest. To top it off, BitKub, the dominant crypto exchange in Thailand, recorded a growth of 600% in 2020 alone.

Are cryptocurrencies regulated in Thailand?

Compare the top platforms' features, fees, security, regulation, support, and more. Summary: In Thailand, acquiring Bitcoin and other cryptocurrencies can be securely and effectively accomplished through an exchange regulated by the Securities and Exchange Commission (SEC) of Thailand.

Will glitzkoin enter Thailand crypto?

25-01-2022: GlitzKoin is about to enter Thailand Crypto. Binance the world’s largest crypto exchange partners with Thai Billionaire’s energy giant to set up Crypto Exchange. Gulf energy made an agreement with Binance in response to the rapid growth of Thailand’s digital infrastructure.

Why is Thailand cracking down on cryptocurrencies?

It said the curbs on cryptocurrencies such as Bitcoin for commercial transactions are in line with regulations in Europe, the U.K., South Korea and Malaysia. Thailand’s crackdown on digital assets comes as individuals -- especially young investors -- boost their crypto trading in search of better returns amid the country’s economic slowdown.