The Nikkei newspaper reported that the company “Bitab”, which is a wholly owned subsidiary of the cryptocurrency exchanges, has 40% ownership of BITPoint (bit point), acquired a cryptocurrency exchange license in Thailand on January 31 .
According to the Nikkei newspaper, it is the first case that overseas capital companies acquire cryptocurrency-related licenses in Thailand, and Bitab starts trading services of five kinds of virtual currencies including Bitcoins and ripples in April this year It is said to be.
In addition, it is reported that the company plans to acquire licenses related to ICO in the future, and it is expected to enter full-scale entry into the cryptocurrency industry in Thailand.
Legislation around cryptocurrency is being promoted in Thailand in recent years, and cryptocurrency and block chain industry are exciting.
ZB.com in May last year, Upbit in November and OKEx in February this year added Thai Baht and it is expected that more exchanges will be in the future.
Article Source: Nikkei Newspaper
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Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/bitpoint-expands-into-thailand/
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