Thailand


Finance

Three Arrows Capital Co-Founder Calls Crypto Hedge Fund's Liquidators Inaccurate, Misleading: Report

Three Arrows Capital co-founder Su Zhu said Teneo misled the High Court of Singapore, which this week granted permission for the liquidator to probe the hedge fund's local assets.

Su Zhu of Three Arrows (CoinDesk)

Finance

Thai Energy Billionaire Turns to Crypto to Boost Growth: Report

While crypto market cap has tumbled from November's high, the market is “still sound” and has “high potential” for growth, Gulf Energy CEO Sarath Ratanavadi said.

Thailand’s second-richest person plans to double down on crypto-related investments in the coming months. (Mathew Schwartz/Unsplash)

Finance

Siam Commercial Bank Scraps $500M Purchase of Stake in Thailand’s Largest Crypto Exchange

Thailand’s oldest bank said Bitkub Online needs to resolve various issues at the request of Thailand’s Securities and Exchange Commission.

Siam Commercial Bank dropped its plan to acquire Bitkub. (Weerasak Saeku/GettyImages)

Policy

Thailand's Central Bank Extends Retail CBDC Study to Pilot Phase

The Bank Of Thailand still says it doesn't plan to issue a retail digital currency.

Bangkok, Thailand's capital. (Florian Wehde/Unsplash)

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Finance

Crypto Exchange Zipmex Receives Investment Offer

"Conversations with various interested parties have progressed significantly," Zipmex said.

Crypto exchange Zipmex said it has received an offer from an interested party. (Michal Jarmoluk/Pixabay)

Videos

Bsp Says No Crypto Ban; Rehab for Crypto Addicts

Philippines central bank governor says no plan to ban cryptocurrency. Coinbase insider trading case raises questions about regulations. Zipmex extends customer withdrawal freeze until Friday, Thailand’s SEC asks for clarity. Rehabilitation centers offer services to crypto trading addicts. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Finance

Thai SEC Asks Zipmex to Clarify Withdrawal Freeze

The crypto exchange was asked whether it used Celsius Network or Babel Finance in connection to its ZipUp program.

Bangkok (Getty Images)

Markets

Zipmex a Victim of Crypto Contagion as Concerns Grow Over Babel Loan: Sources

The exchange suspended client withdrawals early Wednesday amid rumors of financial troubles.

A Singapore-based crypto exchange may be staring at $100 million black hole. (geralt/Pixabay/PhotoMosh)

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Videos

3AC Foreclosure Concerns Grow; Fed Boost Short Lived

BlockFi is reportedly among those that liquidated Three Arrows Capital positions. Fed boost to crypto market proves short lived. Huobi to exit Thailand permanently on July 1. Hong Kong Monetary Authority joins with Bank of Israel to investigate CBDC cybersecurity. China media watchdog: NFTs are digital publications and need to be censored. Should NFT collectors be buying insurance? Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Policy

‘This Is the Usual’: Thai Central Bank Governor on CBDC Pilot Delay

A retail central bank digital currency will probably replace cash but not other means of payment out there, including private methods, the governor said.

Sethaput Suthiwartnarueput, governor of the Bank of Thailand, at the World Economic Forum Annual Meeting in Davos, Switzerland. (Nikhilesh De/CoinDesk)