Top five Cryptocurrency exchange OKEx has launched support for Thai baht-crypto trading on its client-to-client platform, a press release shared with Cointelegraph on Feb. 14 reveals.
According to the press release, currently only Bitcoin, Tether, Ethereum and Litecoin can be traded with the Thai baht on the exchange's peer-to-peer platform.
The exchange first announced that it would be adding support for the fiat currency in a post on Jan. 23.
The post was also dedicated to recruiting merchants for the new market.
In the same press release, the crypto exchange also announced that it had recently hosted a conference in Bangkok "To bring industry leaders together to exchange ideas on blockchain technology." During the conference, dubbed MindXchange, participants reportedly also discussed the latest local regulatory developments in crypto and blockchain.
OKEx is currently the world's fourth largest crypto exchange by daily trading volumes, seeing about $446.6 million in trades on the day to press time.
As Cointelegraph reported in December last year, Thailand's securities regulator is planning a public hearing with the aim of loosening rules that form a "Barrier" to running initial coin offerings.
In January, news broke that the National Electronics and Computer Technology Center of Thailand has developed blockchain technology for e-voting, set to be used in tandem with traditional voting.
Still, according to NECTEC, once 5G is fully adopted, all votes in the country will be cast using the technology.
Top Five Exchange OKEx Launches Thai Baht Trading on Its P2P Platform
Publicado en Feb 14, 2019
by Cointele | Publicado en Coinage
Coinage
Noticias recientes
Ver todo
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.