• Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA
Saturday, January 28, 2023
WongaNews.com
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading
No Result
View All Result
WongaNews.com
No Result
View All Result

Thai Energy Billionaire Sarath Ratanavadi Boosts Investment in Crypto

August 26, 2022
in Blockchain
Reading Time: 2 mins read
A A
ShareShareShareShareShare

Thailand’s second-richest billionaire, Sarath Ratanavadi, has said he is increasing investments in the blockchain ecosystem, despite the crypto industry’s bitter winter, according to Bloomberg.

Related articles

THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29

January 28, 2023

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

January 28, 2023

Sarath Ratanavadi is the founder and chief executive officer of Gulf Energy Development, a leading Thai energy company with domestic and international projects.

He said the move is to diversify revenue streams and that this multi-level collaboration with Binance, a global leader in blockchain infrastructure technology, provides further opportunities for the company to expand into other digital asset-related initiatives in the future.

Sarath said it is actively partnering with Binance Holdings Ltd., the world’s largest cryptocurrency exchange by trading volume, to operate a license for a digital asset exchange and brokerage business in order to operate within the law.

“Digital assets and blockchain technology platforms will be the key drivers for the company’s strongest returns, and our aim is to become the country’s market leader. Recent issues involve individual cases, with the overall market still being sound and having high potential,” Sarath said.

Previously, Gulf Energy also announced the acquisition of BNB tokens to enter the Binance ecosystem.

According to data from the Securities and Exchange Commission of Thailand, cryptocurrency trading volume on licensed exchanges in Thailand in July fell to the lowest level since January 2021, plunging to 54 billion baht ($1.5 billion).

The data also showed that the total number of active trading accounts fell to 260,000 in July from 700,000 in December.

Thailand’s regulator said it had pledged to take action to revise existing regulations, as the recent cryptocurrency sell-off took a toll on retail investors and led to the collapse of several companies.

Image source: Shutterstock

Credit: Source link

ShareTweetSendPinShare
Previous Post

Animoca Brands’ Japanese Unit Raises $45m

Next Post

Bitcoin’s Incentives Are Perfect – Bitcoin Magazine

Related Posts

THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29

January 28, 2023

Join Our Telegram channel to stay up to date on breaking news coverage While THORChain (RUNE) started the year with...

SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

January 28, 2023

The United States Securities and Exchange Commission (SEC) has begun an investigation into traditional financial advisors on Wall Street to...

Argo Blockchain IPO: Lawsuit Claims Miner Made Untrue Statements

January 28, 2023

During the selling phase of the initial public offering (IPO), which took place in 2021, investors in the cryptocurrency mining...

Why MATIC Price Rally Is Stopping at Nothing, Armed with More Transactions Than Ethereum

January 28, 2023

Join Our Telegram channel to stay up to date on breaking news coverage The value of MATIC, the native token...

White House: Crypto Regulation Drama

January 28, 2023

Join Our Telegram channel to stay up to date on breaking news coverage The White House blamed Congress on Friday...

Load More
Next Post

Bitcoin’s Incentives Are Perfect - Bitcoin Magazine

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Ethereum (ETH) surges above 200 EMA to hover near $1.5K!

January 16, 2023

The Lawsuit Filed Against Do Kwon and Other Terra Execs Has Been Dismissed

January 10, 2023

Validators will be able to withdraw staked ETH from March

January 9, 2023

About Us

Wonga News is an online news portal that aims to provide the latest crypto news, blockchain, regulations, and much more stuff like that around the world. We promise to share only high quality content from the world's best crypto sources. Feel free to get in touch with us!

What’s New Here!

  • Biden Administration announces roadmap for reducing crypto risks
  • THORChain Price Prediction: RUNE Bulls Eye A 21% Increase To $2.29
  • SEC Probes Investment Advisers Offering Crypto Custody Without Proper Qualification

Newsletter

Loading
  • Contact Us
  • Affiliate Disclosure
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2022 WongaNews.com - All Rights Reserved!

No Result
View All Result
  • Live Prices
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT News
  • Blockchain
  • Regulations
  • Trading

© 2022 - WongaNews.com - All Rights Reserved!

  • bitcoinBitcoin(BTC)$23,035.000.09%
  • ethereumEthereum(ETH)$1,579.580.01%
  • USDEXUSDEX(USDEX)$1.07-0.47%
  • tetherTether(USDT)$1.000.27%
  • usd-coinUSD Coin(USDC)$1.000.00%
  • binancecoinBNB(BNB)$306.360.58%
  • rippleXRP(XRP)$0.4112460.74%
  • binance-usdBinance USD(BUSD)$1.000.20%
  • cardanoCardano(ADA)$0.3840031.31%
  • dogecoinDogecoin(DOGE)$0.0889623.42%
  • matic-networkPolygon(MATIC)$1.13-1.24%
  • okbOKB(OKB)$38.808.71%
  • solanaSolana(SOL)$24.130.76%
  • staked-etherLido Staked Ether(STETH)$1,577.05-0.19%
  • polkadotPolkadot(DOT)$6.440.30%
  • shiba-inuShiba Inu(SHIB)$0.0000123.03%
  • avalanche-2Avalanche(AVAX)$20.6214.30%
  • litecoinLitecoin(LTC)$88.010.63%
  • tronTRON(TRX)$0.0626110.07%
  • daiDai(DAI)$1.000.14%
  • uniswapUniswap(UNI)$6.66-0.46%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$23,006.000.26%
  • cosmosCosmos Hub(ATOM)$13.321.64%
  • ToncoinToncoin(TON)$2.553.62%
  • chainlinkChainlink(LINK)$7.240.27%
  • leo-tokenLEO Token(LEO)$3.75-2.20%
  • moneroMonero(XMR)$182.475.27%
  • ethereum-classicEthereum Classic(ETC)$21.750.24%
  • AptosAptos(APT)$17.77-0.12%
  • bitcoin-cashBitcoin Cash(BCH)$133.41-0.92%
  • Aerarium FiAerarium Fi(AERA)$7.12-13.06%
  • stellarStellar(XLM)$0.0928351.32%
  • apecoinApeCoin(APE)$6.13-1.19%
  • quant-networkQuant(QNT)$149.44-0.99%
  • nearNEAR Protocol(NEAR)$2.47-0.12%
  • crypto-com-chainCronos(CRO)$0.0809470.50%
  • filecoinFilecoin(FIL)$5.280.17%
  • lido-daoLido DAO(LDO)$2.28-2.98%
  • algorandAlgorand(ALGO)$0.2560342.41%
  • vechainVeChain(VET)$0.023979-0.93%
  • hedera-hashgraphHedera(HBAR)$0.068474-0.74%
  • internet-computerInternet Computer(ICP)$5.94-0.66%
  • axie-infinityAxie Infinity(AXS)$11.501.13%
  • decentralandDecentraland(MANA)$0.705.07%
  • aaveAave(AAVE)$85.28-3.51%
  • eosEOS(EOS)$1.09-1.87%
  • the-sandboxThe Sandbox(SAND)$0.741.12%
  • fantomFantom(FTM)$0.449700-3.77%
  • elrond-erd-2MultiversX(EGLD)$44.551.81%
  • flowFlow(FLOW)$1.06-2.69%