EUR/USD 1.05083
0.389%
Gold 2911.77
-1.385%
Oil 68.910
-2.694%
USD/JPY 149.134
-0.396%
GBP/USD 1.26665
0.338%
GBP/JPY 188.904
-0.037%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On February 26, according to NBC News, the White House said that the large bruise on the back of US President Trumps right hand was caused by shaking hands. The bruise was visible when Trump met with French President Macron at the White House on Monday. White House Press Secretary Levitt said: "President Trump has bruises on his hands because he works and shakes hands all day long." Photos show that Trumps right hand had obvious bruises or redness and swelling on at least two other occasions in August and November last year. The situation was also reported by multiple news media in 2024. In an article published in December 2024, Time magazine quoted Trump as saying: "This is caused by shaking hands with thousands of people."On February 26, a U.S. judge rejected the Associated Presss emergency motion to restore its right to interview the White House press conference on February 24, and said that another hearing would be held on March 20. The White House and the Associated Press subsequently responded to the ruling. In a statement issued on the same day, the White House said, "Asking questions to the President of the United States in the Oval Office and on Air Force One is only a privilege granted to reporters, not a legal right." A spokesperson for the Associated Press responded that the Associated Press will "continue to defend the right of the press and the public to speak freely without government retaliation" and look forward to the next hearing.Tesla (TSLA.O)s losses widened to 10%, hitting a new low since November 8 last year.Politico reporters said the U.S. House of Representatives passed a procedural vote on the U.S. Republican budget plan, preparing for a vote in the evening.Federal Reserve Discount Rate Meeting Minutes: While many directors expressed cautious optimism about the outlook, most continued to cite uncertainty arising from potential changes in trade, fiscal, regulatory, and other government policies.

Thai Energy Firm Gulf Concludes Investments in Binance.US and BNB

Cameron Murphy

Apr 20, 2022 09:43


微信截图_20220420091436.png


  • In Thailand, Gulf Energy Development and Binance have formed a joint venture.

  • Gulf has invested in Binance's US subsidiary and its flagship cryptocurrency, BNB.

  • In Thailand, the business will seek for a license to operate a digital asset exchange.


Gulf Energy Development PCL, owned by Thai billionaire Sarath Ratanavadi, has completed an investment in Binance's US branch and its hallmark cryptocurrency, BNB.


The move follows the announcement in January of a cooperation between the two companies to develop a digital asset market in Thailand. The partnership, according to Binance, is the "initial step" in investigating potential in Thailand. Despite this, the Thailand regulator has filed a criminal complaint against the exchange for operating without a license.

Investment To Deepen Crypto Market Involvement

Gulf disclosed its investment in Series Seed Preferred Stock issued by BAM Trading Services, which runs Binance, in a regulatory filing with the Thailand Stock Exchange on Monday. US.


"As a result, the Binance investment.


The United States not only allows the Company to participate in one of the world's quickest user scale-up exchanges, but it also offers the possibility of increased investment value after Binance.


IPO in the United States."


According to CEO Brian Shroder, Binance is planning an initial public offering (IPO) in two to three years. The cash will be used by Binance's US subsidiary to increase staff and product range, undertake ROI-based marketing campaigns, and make additional acquisitions ahead of its anticipated IPO, according to the filing.


Gulf also put money into Binance Coin (BNB), the native cryptocurrency that runs the BNB Chain ecosystem, for an unknown amount.


The business also announced a joint venture deal with Binance to establish a crypto exchange in Thailand, according to another regulatory filing.


"Following the formation of the joint venture, it will apply to appropriate authorities for a digital asset exchange license and other licenses."


Last week, Binance announced that it has gained primary permission from Abu Dhabi Global Market for its activities. Binance will be able to operate as a virtual assets broker-dealer as a result of the clearance, marking the company's third aggressive expansion in the Middle East after securing licenses in Bahrain and Dubai.


The joint venture, according to Gulf, would provide it greater opportunity to investigate the digital asset sector and expand the scope of its investments.

Thailand Crypto Tax

Thailand, however, prohibited cryptocurrency payments last month, citing price volatility, a lack of user safety, money laundering, and cyber-theft concerns as major factors in the decision.


Crypto firms would "not be authorized to promote or market crypto payments," according to the banking authority.


Following public criticism, the nation first planned a 15% tax on crypto assets, but eventually abandoned its proposals. However, when contrasted to India's 30% tax rate, this seems to be considerably less.

Suggestion