Binance's entry into the Thai digital asset industry should increase competition, decrease trading fees and encourage productivity and improvements in service quality, according to leading market participants.
Crypto exchange Binance is in talks with Indonesia's richest family to set up a local exchange and push crypto trading in the Southeast Asian country, say sources.
The Thai economy witnessed the birth of three unicorn companies this year Flash Express, Ascend Money and Bitkub Online debunking the belief that the country doesn't have the supporting ecosystem for unicorn startups to thrive.