Thai Baht Launched On OKEx’s P2P Platform

If you are concerned about the updated regarding what the exchange were up to, then you’d might be interested to know that one of the top exchanges of 2019 OKEx has recently launched support for Thai baht-crypto trading on their client-to-client (C2C) platform. This new development was made public through a press release.

As per the press release, as of now only Bitcoin (BTC), Tether (USDT), Ethereum (ETH) and Litecoin (LTC) can be available to bebe trad with the Thai baht on the exchange’s peer-to-peer platform.

A post was was released by the exchange which announced that they would be adding support for the fiat currency in a on Jan. 23. The post was also dedicated to recruiting merchants for the new market.

The press release also discussed the recently hosted conference in Bangkok “to bring industry leaders together to exchange ideas on blockchain technology.”

During the conference, which was called MindXchange, participants reportedly also had the chance to discuss the latest local regulatory developments in crypto and blockchain.

OKEx is currently the world’s fourth-largest crypto exchange by daily trading volumes, and sees about $446.6 million in trades on the day to press time.

As was reported back 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 emerged that the National Electronics and Computer Technology Center (NECTEC) of Thailand has been successful ideveloping a blockchain technology for e-voting, set to be used in tandem with traditional voting. Still, as per to NECTEC, once 5G is fully adopted, all votes in the country will be cast using the technology.

Rishma Banerjee

Rishma is currently pursuing a bachelor’s degree in International Relations and has a special place in her life for sifting through all sorts of random trivia, thank you very much.