Largest Bank of Thailand Hints at Using XRP

Thailand’s largest commercial bank, the Siam Commercial Bank (SCB), has hinted that it will use Ripple’s XRP token, saying that users “will have to wait for further announcements.” The bank published a blog post earlier week detailing the application of blockchain technology in various industries. We will be using Blockchain […]

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Avelacom Continues Asia Focus, Launches PoP in Thailand

As part of its continuing efforts to expand its network into Asia, Avelacom announced this Thursday that it is deploying a point of presence (PoP) at the Stock Exchange of Thailand’s (SET) data centre facilities. With the new PoP, when accessing Thailand’s financial markets, both sell-side and buy-side firms, interdealer […]

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Thai SEC Reportedly Approves ICO Portal

The Securities and Exchange Commission (SEC) in Thailand has approved the country’s first initial coin offering (ICO) portal and is likely to tackle the approval of securities tokens offerings (STO) soon, according to a local daily news outlet Bangkok Post. While the Thai SEC has approved the ICO portal, it […]

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Thailand Develops Blockchain Tech for E-Voting

Thailand’s National Electronics and Computer Technology Center (NECTEC), a government organization responsible for information and communication development activities, has developed a blockchain technology for e-voting, according to a report by the Bangkok Post. The technology combines e-voting in close groups and traditional voting. When 5G is adopted, all voters will […]

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Thai SEC Seeks To Relax Regulations On Private ICOs

Thailand’s Securities and Exchange Commission (SEC) is planning to conduct a public hearing to ease the country’s regulation for initial coin offerings (ICO). In May of this year, the government of Thailand issued a royal decree to regulate the local cryptocurrency markets. Under the law, domestic crypto exchanges, ICO operators, […]

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