* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, August 7, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Improved Technology Access: A Key to Closing the Healthcare Gap for African Americans – BIOENGINEER.ORG

    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Future Trends In HR Technology – Dataconomy

    Future Trends In HR Technology – Dataconomy

    Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

    Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Themed Entertainment Design – Purdue Polytechnic

    Innovative Themed Entertainment Design: Creating Immersive Experiences

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    Rachael Leigh Cook and Brandon Routh ‘Happy to Have Found Each Other’ Following Respective Divorces – yahoo.com

    ‘Billie Jean’ – Hyde Park Herald

    The Enduring Magic Behind ‘Billie Jean’ Revealed

    Hank Hill returns to a changed world in new ‘King of the Hill’ episodes – New Haven Register

    Hank Hill Navigates a Bold New World in Thrilling New ‘King of the Hill’ Episodes

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Exclusive | Fox Takes Stake in IndyCar Owner Penske Entertainment – The Wall Street Journal

    Go-to entertainment: why gaming was made for the toilet – The Guardian

    Why Gaming Is the Ultimate Way to Pass Time in the Bathroom

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Improved Technology Access: A Key to Closing the Healthcare Gap for African Americans – BIOENGINEER.ORG

    LMI Expands Technology Org, Appoints New Leaders – GovCon Wire

    LMI Expands Technology Team with Dynamic New Leadership Appointments

    Midland Innovation and Technology Charter School closing down – CBS News

    Midland Innovation and Technology Charter School Closes Permanently

    Future Trends In HR Technology – Dataconomy

    Future Trends In HR Technology – Dataconomy

    Nasdaq-listed Verb Technology to build $558 million TON treasury, rebrand as TON Strategy Co. – The Block

    Nasdaq-Listed Verb Technology to Build $558 Million TON Treasury and Rebrand as TON Strategy Co

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    How Tech Firms Like Google and Meta Are Embracing the Military – The New York Times

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Binance’s Fresh Start in Thailand Faces Scrutiny as Regulatory Compliance Takes Center Stage

November 29, 2023
in Business
Binance’s Fresh Start in Thailand Faces Scrutiny as Regulatory Compliance Takes Center Stage
Share on FacebookShare on Twitter

Binance, one of the largest crypto exchanges, is teaming up with Gulf Energy Development Pcl, owned by billionaire Sarath Ratanavadi, to launch a new digital asset platform in Thailand. The joint venture has received the necessary licenses, but Binance’s recent guilty plea and $4.3 billion in penalties for violating US anti-money laundering and sanctions laws have raised concerns.

Regulatory Scrutiny

Binance’s regulatory woes have intensified in recent months, with the company pleading guilty to violating US anti-money laundering and sanctions laws. The move resulted in a $4.3 billion fine and a commitment to improve compliance and transparency. The news has cast a shadow over the planned Thai digital asset platform, which will compete with other licensed operators in the country.

Partnership with Gulf Energy Development PCL

Sarath Ratanavadi’s Gulf Energy Development Pcl is one of Thailand’s richest men, with an estimated net worth of $11 billion. The partnership between Binance and Gulf Energy Development Pcl will see the latter own a 51% stake in the joint venture, while Binance will hold the remaining 49%. The new platform is expected to launch in January 2023.

Tighter Regulatory Oversight

Despite the decline in demand, some Thai businesses are backing a revival of cryptocurrencies. Kasikornbank Pcl, one of the country’s largest lenders, acquired a licensed crypto exchange operator last month. Sarath Ratanavadi also highlighted the need for tighter regulatory oversight to restore investor confidence following last year’s digital asset rout and bankruptcies such as FTX’s debacle.

“Crypto grew at a pace that was hard for regulations to keep up with. Officials have since tightened rules and corrected business practices, and all market participants have to follow the new regulations.”

Sarath Ratanavadi

Binance’s new Thai venture faces challenges, including regulatory scrutiny, reduced demand, and increased competition. However, the company is confident that its partnership with Gulf Energy Development Pcl and tighter regulatory oversight will help restore investor confidence in Thailand’s cryptocurrency market.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/news/binances-fresh-start-in-thailand-faces-scrutiny-as-regulatory-compliance-takes-center-stage/

Tags: Binance’sbusinessFresh
Previous Post

UNDICTATED: Behind Nedbank’s CEO-securing raid for ABSA’s Mighty Quinn

Next Post

Fantom Price Prediction 2023, 2024, 2025: Will FTM Price Surge To $0.5?

‘Icy cool’: How Claudia Sheinbaum is navigating Trump’s new world order – Politico

Icy Cool’: How Claudia Sheinbaum Is Mastering the Challenges of Trump’s New World Order

August 7, 2025
The U.S. Economy Is Stumbling Badly – Washington Monthly

The U.S. Economy Is Facing Serious Challenges

August 7, 2025

SM Entertainment revenue up, concert earnings flat – IQ Magazine

August 7, 2025
Has the Trump administration made America healthier? – EWG

Did the Trump Administration Improve America’s Health?

August 7, 2025
Keep party politics out of courtroom – Hungry Horse News

Protect Justice from Politics: Guaranteeing Fairness for Everyone in the Courtroom

August 7, 2025
A general rule on the organization of biodiversity in Earth’s biogeographical regions – Nature

Unveiling the Hidden Secrets of Biodiversity Across Earth’s Biogeographical Regions

August 7, 2025
Students visit Robinson Gardens for science fair – Beverly Press & Park Labrea News

Students Dive into Nature and Uncover the Wonders of Science at Robinson Gardens Fair

August 7, 2025
The Last Trip: A Husband’s POWERFUL Message After Unexpected TRAGIC Loss – RV Lifestyle

The Last Trip: A Husband’s POWERFUL Message After Unexpected TRAGIC Loss – RV Lifestyle

August 7, 2025

Improved Technology Access: A Key to Closing the Healthcare Gap for African Americans – BIOENGINEER.ORG

August 7, 2025
As youth sports grow more intense, some coaches and officials struggle with parent behavior – MPR News

As youth sports grow more intense, some coaches and officials struggle with parent behavior – MPR News

August 7, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (758)
  • Economy (782)
  • Entertainment (21,659)
  • General (16,331)
  • Health (9,821)
  • Lifestyle (791)
  • News (22,149)
  • People (782)
  • Politics (791)
  • Science (15,995)
  • Sports (21,278)
  • Technology (15,761)
  • World (764)

Recent News

‘Icy cool’: How Claudia Sheinbaum is navigating Trump’s new world order – Politico

Icy Cool’: How Claudia Sheinbaum Is Mastering the Challenges of Trump’s New World Order

August 7, 2025
The U.S. Economy Is Stumbling Badly – Washington Monthly

The U.S. Economy Is Facing Serious Challenges

August 7, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version