Binance Thailand’s chief executive said it is a “watershed moment” for digital assets in the country, which he says are no longer merely speculative instruments. Thailand’s government on Tuesday approved the Finance Ministry’s proposal allowing digital assets to be used as underlying assets in the country’s derivatives and capital markets. The move aims to modernize…
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Bitcoin’s price may not experience significant downward movement in the short term, as sell-offs on crypto exchanges are “shrinking at a rapid pace,” Bitfinex analysts say. Bitcoin has likely passed the worst of its downward pressure in the short term as the cryptocurrency has seen a steep decline in sellers on exchanges, according to crypto…
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