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Gulf Energy foresees virtual bank license boosting digital initiatives - The Crypto Times

Retrieved on: 2024-03-20 13:30:52

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Gulf Energy foresees virtual bank license boosting digital initiatives - The Crypto Times. View article details on HISWAI: https://www.cryptotimes.io/2024/03/20/gulf-energy-foresees-virtual-bank-license-boosting-digital-initiatives/

Summary

Gulf Energy is partnering with AIS and Krungthai Bank to apply for a virtual bank license in Thailand, intending to offer services like cryptocurrency trading. They face competition from consortiums including Ant Group, as the Bank of Thailand plans to limit licenses to ensure financial stability.

Article found on: www.cryptotimes.io

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