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Thai Bank SCB Acquires Local Crypto Exchange Bitkub for $536.7M

Thai Bank SCB Acquires Local Crypto Exchange Bitkub for $536.7M

Thailand’s oldest bank Siam Commercial Bank Plc (SCB), has completed the acquisition by acquiring a majority stake of local cryptocurrency exchange Bitkub.

Thai Delays Testing Its Retail CBDC Until Late 2022

Thai Delays Testing Its Retail CBDC Until Late 2022

Thailand will be slow but prudent in testing its CBDC to ensure that it does not have problems with funder transfers and other payments.

New Zealand Police Seize about $6.7m Cryptocurrency from Jarothe n David McIvor for Alleged Money Laundering

New Zealand Police Seize about $6.7m Cryptocurrency from Jarothe n David McIvor for Alleged Money Laundering

The New Zealand police confiscated about $6.7m cryptocurrency from Jarothe n David McIvor, a software developer, in Hamilton for alleged money laundering via online movie piracy in the United States.

Thai Political Party Proposes $300 Digital Currency Stimulus

Thai Political Party Proposes $300 Digital Currency Stimulus

The Pheu Thai Party in Thailand has proposed giving all residents 16 years and older a digital currency stipend of $300 if it wins the next election. The initiative is a stimulus project aimed at helping the local economy using blockchain technology.

Cryptopia Users Win New Zealand Ruling Over Locked Cryptocurrency as High Court Declares them "Property"

Cryptopia Users Win New Zealand Ruling Over Locked Cryptocurrency as High Court Declares them "Property"

Clients of Cryptopia exchange will finally get their funds back after a New Zealand high court classifies the rules that they are entitled to their funds.

Thailand’s SEC to Eradicate Any Stumbling Blocks to Digital Asset Advancement

Thailand’s SEC to Eradicate Any Stumbling Blocks to Digital Asset Advancement

The Securities and Exchange Commission (SEC) in Thailand has revealed plans to revise the royal decree on digital asset businesses in 2020 to boost digital assets’ growth, as well as shielding investors from avoidable risks.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Blockchain.com Gets Full Approval to Operate Crypto Exchange in the Cayman Islands

Blockchain.com Gets Full Approval to Operate Crypto Exchange in the Cayman Islands

Blockchain.com announced that it had received full regulatory approval from the Cayman Islands Monetary Authority (CIMA) to operate its exchange and clearing house in the Cayman Islands.

New Zealand Eyeing the Possibility of Rolling Out a CBDC

New Zealand Eyeing the Possibility of Rolling Out a CBDC

New Zealand is in the race of setting up a central bank digital currency (CBDC) because it sees it as a stepping stone towards attaining an efficient monetary policy tool.

Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk

Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk

Miss Finland a strong female supporter of cryptocurrency says that women tend to stay away from Bitcoin due to its high-risk level, hence its low popularity among women.

Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Toyota Leasing Issues Debentures Using Blockchain in its $16 Million Thai Market

Toyota Leasing Thailand Co Ltd, the automotive leasing arm of Toyota Motor Thailand, has offered debentures through blockchain’s distributed ledger technology (DLT) in its 500 million baht or $16.4M market.

Switzerland Scientists Discovered A New Way to Solve Bitcoin’s Scalability Problem

Switzerland Scientists Discovered A New Way to Solve Bitcoin’s Scalability Problem

The discovery of technologies plays a significant role in empowering how people function. This time round, Switzerland scientists have discovered a new approach to tackle Bitcoin’s scalability problem.

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