Thailand
mBridge Reveals 15 Use Cases and 22 Heavyweight Participants
Goldman Sachs, HSBC, Société Générale, and China’s biggest state-owned banks are part of the project.

Thailand’s Oldest Bank Acquires Majority Stake in Country’s Largest Crypto Exchange
SCB paid $536.6 million for a 51% stake in Bitkub.

Thailand Department Store Chain Is Testing Its Own Cryptocurrency
Central Retail Corp. is distributing the blockchain-based “C-Coin” to its 80,000 employees.

Thailand’s Tourism Authority Floats Idea of Utility Token to Attract Crypto Holders: Report
If developed, the token’s utility could facilitate the transfer of vouchers into TAT Coin, boosting liquidity among tourism operators.

Thailand’s SEC Wants to Revoke Huobi Thailand’s License
The regulator says Huobi (Thailand), now known as DSDAQ (Thailand), failed to fix system flaws despite repeated deadline extensions.

Thailand's SEC Proposes New Rules for Crypto Custodians
Thailand has been significantly increasing its regulation of crypto.

Thailand CBDC Trial to Test Use as Cash Substitute
The CBDC will be used for "cash-like activities within a limited scale," such as paying for goods and services.

EU-Thailand Remittance Corridor Opened on Stellar Blockchain
Velo Labs has joined with TEMPO Payments and Bitazza to facilitate transfers on the Stellar blockchain.

Top South Korean Money Transfer Firm Joins RippleNet to Further Remittances to Thailand
Ripple is focusing on Asia, which the company has said is its fastest-growing market.

State of DeFi, Crypto Crackdowns in Thailand
Mukaya (Tai) Panich, Chief Venture and Investment Officer of SCB 10x, the technology and innovation arm of Thailand’s Siam Commercial Bank, discusses the state of crypto in Thailand on the heels of its SEC banning meme, fan, and exchange tokens, as well as NFTs. Plus, her take on bridging the gap between DeFi and TradFi.
