Major exchanges, like Binance, Coinbase, KuCoin, Kraken, and OKX, currently do not meet the legal requirements to operate in Thailand.
Since its initial beta release in 2023, X Layer has successfully integrated more than 50 decentralized applications (dApps).
This fund involves investments in local exchanges, analytics companies, media outlets, and entities capable of enhancing its overall growth and development.
During the WNBA's Commissioner's Cup Championship held on Tuesday, the exchange presented every player with $5,000 worth of Bitcoin.
Previously, Coinbase had opened its Base mainnet for builders. The layer-2 blockchain will be released officially on August 9.
Binance aims to onboard existing users in Japan to the local platform starting from August 14.
