• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Upcoming Events
    • TWS, Singapore (July 28-29, 2025)
    • Merge Madrid (October 7-9, 2025)
    • European Blockchain Convention, Barcelona (October 15-17, 2025)
  • Past Events
    • Blockchain Life
    • BlockShow Europe
    • Event Horizon

Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

Join us on Telegram: https://t.me/crypto_reporter
  • News
    • News Feed
    • Cryptocurrencies
      • Bitcoin
      • Altcoins
    • Payment solutions
    • Exchanges
      • Binance
      • bitFlyer
      • Bitfinex
      • CBOE
      • CME
      • Coinbase
      • Coincheck
      • Coinfloor
      • Nasdaq
      • Poloniex
    • Regulations
      • Australia
      • Belarus
      • China
      • Europe
      • India
      • Iran
      • Israel
      • Japan
      • North Korea
      • Philippines
      • Portugal
      • Russia
      • South Korea
      • Thailand
      • Turkey
      • Venezuela
      • Vietnam
      • United States
    • Blockchain platforms
    • Crypto news in brief
    • Stats & trends
    • Reviews
      • Ambrosus
      • ATN
      • Dash
      • Green Power Exchange
      • Power Ledger
      • ShapeShift
      • Waltonchain
      • Cryptocurrency market capitalization can top 4 trillion USD, under conservative estimates
    • Opinion
    • Sponsored
  • Press Releases

Thailand authorities grant crypto licence to four companies

January 13, 2019 By Crypto Reporter

Thailand’s Ministry of Finance has granted digital asset business licences to four applicants, while rejecting two others.

Image via Flickr

The four applicants granted a licence are three digital asset exchanges (Bitcoin Exchange Co., Ltd., Bitkub Online Co., Ltd., Satang Corporation), and one cryptocurrency broker (Coins TH Co., Ltd.)

Failing to secure a license were Cash2coin Co., Ltd. and Southeast Asia Digital Exchange Co., Ltd., both of which applied for a digital asset exchange licence. The regulator claims the two companies had not met the required standards. For example, custody systems and KYC processes were “inconsistent”, while the effectiveness of IT security could not be verified.

As a result, Cash2coin and SEADEX will have to cease business operations by Jan. 14, and have been told to return clients’ assets under custody. The companies can, however, reapply for a digital asset business licence in the future as long as the application criteria are met.

Filed Under: General News, News Tagged With: cryptocurrency, news, regulation, Thailand

Primary Sidebar

Follow Us

Press Releases

Elon’s Dogecoin, Trump’s $TRUMP, or Little Pepe (LILPEPE): Which Trending Meme Coin Will Lead 2025’s Surge?

June 22, 2025

XRP and Solana: How ETFs Could Trigger Sharp SOL & XRP Rallies to New Highs, While Little Pepe (LILPEPE) Deepens Hold on Investors

June 21, 2025

Why Ozak AI Could Be the Most Talked-About AI Token by 2026

June 21, 2025

BTC to $200K? Here’s Why Smart Money Is Also Loading Up on Ozak AI

June 20, 2025

Ripple (XRP) Price Prediction: 3 Warning Signs It’s Time to Sell and 2 Tokens Rated Strong Buys

June 20, 2025

TWS Conference

Merge Madrid

Footer

Crypto Reporter is an online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies
About us
Contact us
Submit press-release

Search

2017-2025 Crypto Reporter