THAILAND, NEXT IN LINE FOR A BINANCE PARTNERSHIP
Binance are reported to have struck a deal with the Thai Government after seeing the increase of interest in crypto and it’s related activities from her people in the country.
After being a Major sponsor of the ongoing African cup of Nations tournament, Binance shows no sign of stopping its spread and establishing itself in every corner of the world. Thailand is the new country to enter a signatory with the world’s largest Crypto exchange company.
The agreement is said to have been signed by an Energy company with the name, GULF ENERGY DEVELOPMENT which has its operations in Thailand and its major focus is on Energy. The company is owned and managed by the billionaire, with the name Sarath Ratanavadi.
According to a Binance insider, the agreement is said to be made, as it is believed that this will foster the growth of the Digital economy market of Thailand and its affiliates. This agreement could see Binance set up a branch and commence operations in no short time, in the country.
“This will bring about more education, exposure, literacy and innovative ideas into the country. This will help digital assets traders as there shall be proper regulations and procedures laid, in order to secure every user and operators” The insider said.
Binance will stop at nothing in partnership and shall continue to spread its wings across the world and shores of the earth. The company will continue to work with every key stakeholder and governments of each country it strikes a deal with, so as to ensure that no laws are flouted nor disobeyed.