Binance is partnering with Gulf Energy to launch a new exchange in Thailand called Gulf Binance. Gulf Energy owns a 51% stake in the exchange, with Binance holding the remaining 49%. The exchange obtained licenses to operate in May and plans to launch in January. Binance's decision to expand into Thailand comes amid ongoing regulatory scrutiny in the US and other countries.
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Binance partners with Thai energy company to launch crypto exchange in Thailand
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