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Search Result for “Cryptocurrencies”

Showing 1 - 10 of 13

BUSINESS

Weak economy could hamper prospects for crypto

Business, Nareerat Wiriyapong, Published on 02/01/2026

» While the crypto trading industry expects a bright outlook in 2026, thanks to improved regulatory clarity and growing institutional investors, Binance TH expressed concerns over the stagnant economy that could affect nationwide adoption.

BUSINESS

Tariff unease hits all asset classes

Nareerat Wiriyapong, Published on 21/04/2025

» The unveiling of US President Donald Trump's reciprocal tariffs has sent shockwaves across all asset classes as threats posed by high tariff rates and trade tensions introduced greater uncertainty into the global economy, say pundits.

BUSINESS

Binance trumpets baht-backed stablecoins

Business, Nareerat Wiriyapong, Published on 07/02/2025

» The government should consider issuing stablecoins backed by the baht for use within the country, including the proposed Phuket crypto sandbox, as fiat-backed stablecoins are less volatile than other digital assets, notably Bitcoin, says the Thai unit of Binance.

BUSINESS

Phuket eyed for crypto sandbox

Business, Nareerat Wiriyapong, Published on 01/02/2025

» In a move cheered by cryptocurrency enthusiasts, last month former prime minister Thaksin Shinawatra proposed using Phuket province as a Bitcoin sandbox for tourism, aiming to encourage digital currency holders to spend in Thailand.

BUSINESS

Binance backs Thaksin's Bitcoin proposal

Business, Nareerat Wiriyapong, Published on 24/12/2024

» Former premier Thaksin Shinawatra's proposal for a pilot Bitcoin payment project is a positive step to boost Thailand's competitiveness and attractiveness to tech-savvy visitors, but it first needs the Bank of Thailand to thoroughly study the risks of such a move, says the Thai unit of Binance -- the world's leading cryptocurrency platform.

BUSINESS

Bitcoin even more buoyant

Nareerat Wiriyapong, Published on 09/12/2024

» Bitcoin topped US$100,000 for the first time on Dec 5, jumping drastically from roughly $69,000 the day before the US presidential election about a month earlier.

BUSINESS

Thailand seeks crypto hub status

Business, Nareerat Wiriyapong, Published on 11/10/2024

» Thailand has the potential to become a digital asset hub if strategic policies are implemented to support development, while clearer regulations and greater institutional investment are driving the cryptocurrency market to new highs this year, says the Thai Digital Asset Association.

BUSINESS

Gulf Binance aims for crypto supremacy

Nareerat Wiriyapong, Published on 11/05/2024

» In a landscape where digital assets are gaining traction, Gulf Binance has emerged as a new player among the 17 licensed exchange and broker operators in Thailand.

BUSINESS

Gold price peaks as SET index dips

Business, Nareerat Wiriyapong, Published on 20/04/2024

» Domestic prices of gold reached a new record high of 42,000 baht per baht-weight early Friday as the Stock of Thailand (SET) index sunk to a three-year low of less than 1,350 points, with unease in the Middle East sending investors rushing to safe assets.

BUSINESS

Making sense of the uptick for Bitcoin

Business, Nareerat Wiriyapong, Published on 28/03/2024

» Before this year, investors predicted the prices of cryptocurrencies could surge in 2024 because of the Bitcoin halving, an event that rewards mining that occurs every four years, as well as the likelihood of interest rate cuts, which benefit most asset classes.