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The Thai Ministry of Finance has issued digital asset business licenses to four crypto-related firms, according to a notice published by the country’s Securities and Exchange Commission (SEC) Jan. 8.
According to the announcement, the licenses were issued by the finance ministry “under the recommendation of the SEC Board.” The four companies that received a license are digital asset exchanges Bitcoin Exchange Co., Ltd., Bitkub Online Co., Ltd., and Satang Corporation, and cryptocurrency brokerage firm Coins TH Co., Ltd.