Consensys decentralizes Linea with new Swiss nonprofit association
The new Linea Association, a Swiss nonprofit dedicated to advancing Linea, will oversee development on its path to decentralization. Go to Source
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3 Central Banks Forge New Path in Cross-Border Digital Asset Innovation
New partnerships between central banks target digital currency integration to streamline tokenized cross-border transactions and modernize the global financial infrastructure. Cross-Border Finance Revolution: Three Nations Pioneer Digital Asset Integration The Hong Kong Monetary Authority (HKMA) unveiled two significant partnerships this week to promote cross-border tokenization with the Bank of Thailand (BOT) and Brazil’s Banco Central … Read more
Thailand crypto market is shifting away from retail: Binance Thailand CEO
Thailand is shifting focus to a more mature institutional-focused crypto market, according to the chief executive of Binance Thailand. Go to Source
Crypto Biz: Onchain lending ramps up, driven by institutional activity
Institutional demand is driving a significant increase in onchain loans across DeFi protocols. Go to Source
Thai SEC floats allowing crypto products in mutual, private funds
Thailand’s high-net-worth investors will get more access to crypto funds than retail investors under the proposed changes. Go to Source
Kasikornbank to Launch Thailand’s First Licensed Digital Asset Custodian
Kasikornbank Financial Conglomerate, a Thai banking giant, has said it plans to launch the country’s first licensed digital asset custodian. The service, called Orbix Custodian, is licensed by the Finance Ministry and supervised by the securities regulator. Kasikornbank is currently testing its systems before launching in early 2025. The goal is to protect investors and … Read more
Kasikornbank launches first licensed Thai digital asset custodian
The new custody service will be just the latest in the bank’s new digital asset and AI activities. Go to Source
China’s Digital Yuan Nears $1 Trillion in Transactions, PBOC Official Reveals
China’s digital yuan initiative has advanced considerably, backed by over a decade of research and four years of pilot experimentation, according to Lu Lei, Deputy Governor of the People’s Bank of China (PBOC). Trials for the Chinese central bank digital currency (CBDC) have been conducted in 17 different areas, accumulating a total transaction value of … Read more
Thailand’s Mahidol University Partners With Tether to Integrate Blockchain and Stablecoin Education
Tether and Mahidol University International College (MUIC), a prestigious institution in Thailand known for its diverse and international academic programs, have signed a Memorandum of Understanding (MOU) to integrate stablecoin, blockchain, and peer-to-peer (P2P) technology into MUIC’s curriculum. This collaboration will feature workshops, guest lectures, and research projects aimed at enhancing finance education and fostering … Read more
Thailand Extradites Malaysian Businessman to China Over $14 Billion Cryptocurrency Scam
Thailand has extradited Malaysian businessman Tedy Teow, also known as Zhang Yufa, to China over a massive cryptocurrency scam amounting to more than 100 billion yuan (US$14 billion). This marks the first extradition under the Thailand-China treaty since 1999. Teow, the founder of MBI Group, is accused of running a pyramid scheme that defrauded over … Read more
