In line with an official ‘press release‘ published, renowned major cryptocurrency exchange named ‘OKEx’ has launched its support for Thai baht-crypto trading on its C2C [client-to-client] platform.
In line with the OKEx press-release, presently solely Bitcoin [BTC], Tether [USDT], Ethereum [ETH] and Litecoin [LTC] can now be traded with the Thai baht on the exchange’s P2P [Peer-to-Peer] platform.
The exchange 1st proclaimed that it’d be offering support for the standard fiat currency via mentioning in a post on 23rd January. The post was additionally dedicated to recruiting merchants for the new market.
Mentioning further, the crypto exchange additionally proclaimed that it had recently hosted a conference in Bangkok “to bring trade leaders along with the exchange’s ideas on ‘blockchain‘ technology.” Throughout the conference, named MindXchange, participants reportedly also discussed the latest arriving native regulative developments within the cryptocurrency and blockchain.
OKEx exchange is presently the ‘fourth largest‘ crypto exchange operating globally by daily trading volumes, observing over $446.6 Mln in trades on the day to the reporting time.
As ‘reported‘ earlier in Dec. last year, ‘Thailand’s‘ securities regulator is thinking a public hearing with the aim of loosening regulations that form a “barrier” to running ICOs [Initial Coin Offerings].
Even earlier In January, a news rumour broke out that the NECTEC [National Electronics & Computer Technology Center] of Thailand has developed blockchain technology for the e-voting process, set to be employed in wheel with standard voting. Still, in keeping with NECTEC, once 5G is completely adopted, all votes within the country would be casted employing this new technology.