Bitkub.com | Announcement
Bitkub Online Co., Ltd. or more commonly known as Bitkub.com has received the exchange license to operate in Thailand as of today, January 8, 2019 from the Thai Ministry of Finance. The Thai Ministry of Finance is the official legal body recognizing eligible exchanges that can operate in Thailand.
It is also important to note that on a separate announcement, Bitkub.com has also been approved in principle by Thailand’s Security Exchange Commission to operate the business legally since 2018.
This day is truly momentous event as we gain another step further for a wider cryptocurrency adoption in the world. Thailand is one of the first countries to legally recognized cryptocurrency trading and Bitkub.com is one of the first trusted companies to receive the exchange license in service of the Thai people.
Meanwhile, the sister company of Bitkub.com called Bitkub Blockchain Technology is currently applying for an ICO Portal License with a very favorable result in the future.
Bitkub.com was launched last May 9, 2018 with a registered capital of 50 million Baht, that facilitate the exchange of Thai Baht to cryptocurrency and vice versa. Currently, Bitkub.com has listed a total of 22 quality coins and aiming to list more — making the company the number one exchange with the most coins selection (pairing with Thai Baht) in Thailand.
Bitkub.com prioritized the convenience and the security of customers above all. With that said, Bitkub.com is open 24 hours to assist our customers — both available in English and Thai language.
More importantly, every coin listed in Bitkub.com’s platform has been screened rigorously by our Legal and Compliance Team in accordance to our listing procedure approved by the SEC. This process guarantee that only the quality and trusted cryptocurrency coins can be access on Bitkub.com’s platform.
Original post on: https://medium.com/bitkub/bitkub-com-is-now-an-officially-licensed-cryptocurrency-exchange-by-thailands-ministry-of-finance-c6b04ede377b