The country's SEC has officially approved Tether's USDt and Circle's USDC for trading on regulated exchanges. This move is part of a broader effort to embrace digital assets while keeping a firm grip on regulation.
Thailand's Securities and Exchange Commission (SEC) has officially approved Tether's USDT and Circle's USDC stablecoins for trading on regulated exchanges.
Thailand's Securities and Exchange Commission has officially approved Tether's USDT as a recognized cryptocurrency, allowing its trading and potential use in payments, marking a significant step forward for stablecoin adoption in Asia.
Thailands Securities and Exchange Commission (SEC) has expanded its list of approved cryptocurrencies, adding the two largest stablecoins, Tether (USDT) and Circle (USDC), as trading pairs on regulated digital asset exchanges. The decision follows a public consultation in February, where most respondents supported the move.
Thailand's SEC announced top stablecoins USDT and USDC as official cryptocurrencies for various uses. Thailand citizens can start USDT and USDC trading and payments from March 16, 2025.
Thailand has added two dollar-backed stablecoins to its list of regulated cryptocurrencies as global stablecoin adoption gains steam.
On-chain data from Lookonchain revealed that USDT and USDC Stablecoins on Ethereum increased by $1.3 billion. The analytic firm also noted that USDT and USDC Stablecoins on Hyperliquid decreased by $77 million.
Thailand's SEC approved USDT for trading and payments on regulated exchanges, effective March 16, 2025, fostering digital asset innovation with a robust regulatory framework. The post Thailand SEC Approves USDT for Trading and Payments on Regulated Exchanges appeared first on Cryptonews.
Thailand's Securities and Exchange Commission (SEC) has given the nod to Tether's USDT to operate in the country. The move will see USDT granted legal approval in the Southeast Asian country as it seeks global regulatory compliance.
The Cayman Islands has attracted a number of large crypto companies and foundations, and these new regulations will impact their operations. The post Cayman Islands Introduces New Crypto Licensing, How Will This Affect HBAR, SUI and ARB? appeared first on Cryptonews.
Thailand Securities and Exchange Commission (SEC) has designated Tether stablecoin USDT as an approved cryptocurrency. The stablecoin issuer announced this on March 10, noting that it will boost USDT use in the country.
Thailand's financial regulator, the Securities and Exchange Commission (SEC), has expanded its list of approved cryptocurrencies. The country has now allowed the use of Tether (USDT) and Circle's USD Coin (USDC) on licensed digital asset exchanges. This decision follows a growing demand for stablecoins in crypto trading and payments worldwide.
The Thailand Securities and Exchange Commission (SEC) has approved Tether's USDt (USDT) and Circle's USDC (USDC) for cryptocurrency trades, allowing the stablecoins to be listed on regulated exchanges across the country.Thailand's SEC announced the approvals last week after soliciting feedback from the public on proposed regulatory changes that were finalized in February and scheduled to go into effect on March 16. As Cointelegraph previously reported, there have been growing calls within Thailand to legitimize cryptocurrency usage and urge stablecoin adoption to boost domestic revenue.
Several major financial institutions are gearing up to launch their own stablecoins as they eye the lucrative cross-border payments market.
The Thai Securities and Exchange Commission (SEC) has approved the use of the largest two stablecoin assets, Tether (USDT) and Circle's USD Coin (USDC), in digital asset transactions.
Thailand has officially recognized USDT (Tether) as a regulated cryptocurrency, and it can also be used for payments.
Thailand's Securities and Exchange Commission has approved Tether's USDT as a recognized cryptocurrency, allowing its trade on regulated exchanges.
Previously, only bitcoin (BTC), ethereum (ETH), XRP, stellar (XLM) and certain tokens used in the Bank of Thailand's settlement system were approved.
OORT's decentralized AI Layer1 blockchain, Olympus Protocol, has officially integrated Circle-issued stablecoin, USDC. By doing so, Olympus bridges DeAI with real-world utility.
The arrival of the first ETF on SUI could be imminent. This week, it seems that Canary has filed the form S-1 with the SEC.
USDC's dominance on Binance continues to rise, challenging Tether's market position amid shifting regulatory frameworks in the European Union.
SUI's new wallets surged by 150%, active addresses climbed by 110%, but the effect on the price is still fresh.
XRP is currently trading at $2.34 with a market capitalization of $135.76 billion, placing it in fourth position behind tether (USDT) at $142 billion, while its 24-hour global trade volume stands at $6.07 billion within an intraday price range of $2.31 to $2.55, reflecting a decline of 31.3% from its all-time high.
Cambodia's central bank revokes Huione Pay's license over regulatory violations amid accusations of facilitating illicit transactions.
The layer-1 blockchain Sui (SUI) is defying the broader crypto market downturn after inking a new deal with a decentralized finance (DeFi) protocol linked to US President Donald Trump. The Solana (SOL) rival is witnessing price gains amid a new collaboration with World Liberty Financial (WLFI).
World Liberty Financial (WLFI), a DeFi group linked to US President Donald Trump, has added Sui (SUI) to its strategic reserves. The move is part of WLFI's strategy to develop a broad portfolio that supports blockchain-based financial solutions.
Critics question whether WLFI offers innovation or just another rebranded DeFi service.
The SUI Network token, native to the “Ethereum killer” Sui blockchain, experienced a notable price surge on Thursday following the announcement of a “strategic reserve deal” between the Trump-affiliated decentralized finance (DeFi) protocol, World Liberty Financial (WLFI), and the layer-1 blockchain.
The company announced that deposits and withdrawals of the popular stablecoin are now live on the Crypto.com App. This will give users another way to access fast and low-cost transactions.
Canary Capital filed for the first SUI ETF in Delaware. SUI price is witnessing considerable price surge, ready to break out of its resistance levels.
The Swiss L1 chain gets appraised by Donald Trump's platform, while Canary Capital files for the inaugural SUI crypto ETF.
Key Highlights XRP price has fallen by 1.23% on Friday after correcting nearly 24% this week. SUI price struggles below $3; can the WLFI partnership and SUI ETF speculation lead to a reversal? HBAR must breach the $0.255 resistance to break its downtrend. Can XRP hit $3 or Drop below $2.
The FBI has offered up to $10 million for the capture of ex-Olympian who used USDT for alleged drug- and murder-related payments and money laundering. The post FBI Offers $10M for Capture of Ex-Olympian Who Used USDT for Alleged Criminal Activity appeared first on Cryptonews.
Sui, a layer one (L1) blockchain project has announced a collaboration with World Liberty Financial (WLFI), a Donald Trump-inspired DeFi protocol. The partnership aims to explore blockchain applications and decentralized asset management, with WLFI integrating Sui-based assets into its Macro Strategy reserve.
Canary Capital, an asset management firm, has registered a statutory trust for a Sui (SUI) exchange-traded fund (ETF) in Delaware.
Such registration typically signals that a fund manager is preparing to file an S-1 registration with the U.S. SEC.
Layer-1 (L1) coin SUI has defied the broader market downturn, surging 4% in the past 24 hours to become the top-performing cryptocurrency.
Sui (SUI) has captured the attention of traders and investors alike, as the cryptocurrency's trading volume surges past $20 billion, signaling a potential shift in market dynamics. Over the past 24 hours, SUI has seen a significant price increase of 7.47%, trading at $2.67.
Tether froze $28 million in USDT on Russian crypto exchange Garantex, forcing it to shut down operations following EU sanctions and amid increased scrutiny of platforms linked to financial crime.
Asset manager Canary Capital has recently submitted its filing at the Delaware court for an SUI exchange-traded fund (ETF), suggesting that a spot ETF filing could be coming next. This has pushed the SUI price higher by 3% despite the broader market fall.
Sui price continues to trade below the $3 mark, struggling to gain momentum despite a recent partnership with Trump's World Liberty Financial. What's next?
If convicted, former Olympian Ryan Wedding faces life in prison for allegedly running a transnational drug syndicate that leveraged USDT.
SUI has been gathering attention from traders.
Canary Capital's move could accelerate mainstream adoption of blockchain assets, influencing future ETF offerings and regulatory landscapes. The post Canary Capital registers SUI ETF in Delaware appeared first on Crypto Briefing.
MYRIAD's new USDC markets will drive more accurate predictions, and redefine the revenue model for media and creator content.
Sanctioned Russian crypto exchange Garantex is announcing the suspension of its operations after Tether blocked its platform's wallets. In a new Telegram announcement on Thursday, the Russian exchange says that Tether has blocked Garantex's wallets, which contained over 2.5 billion rubles, about $28 million. “Dear users! We have bad news.
SUI has gone up 18.2% in the past 24 hours and currently sits at $2.97 after the layer-one blockchain announced that it was exploring “product development opportunities” with the Trump-backed DeFi Protocol World Liberty Financial.
Layer 1 blockchain Sui Foundation revealed today it has partnered with World Liberty Financial to launch a strategic SUI reserve. The firm said that WLFI decided to include Sui assets in “Macro Strategy,” its strategic token reserve.