The Tourism Authority of Thailand (TAT) plans to open its first virtual office in the Bitkub Metaverse in the third quarter of this year, in a bid to attract millennials and foreign tourists to bolster Thailand's digital economy.
Siam Commercial Bank (SCB), Thailand's oldest lender, announced on Aug 25 the collapse of its acquisition offer for 51% of the shares of Bitkub Online Co (Bitkub) from Bitkub Capital for 17.8 billion baht, citing regulatory issues.
This year has been packed with events that highlighted both progress and setbacks unavoidable realities in the world of business. The year posed challenges for the government and businesses seeking new opportunities post-pandemic, sparked hope among car makers that are anticipating growth of the electric vehicle industry in Thailand, as well as unsuccessful attempts by some companies to further grow their businesses.
Miss Charm 2023 is the first beauty contest organised by Vietnam using blockchain technology for voting through an online form and non-fungible tokens.
The Securities and Exchange Commission (SEC) is taking legal action against five entities for creating an artificial volume of digital assets on Bitkub and Satang cryptocurrency exchanges.