KuCoin, one of the world’s leading cryptocurrency exchanges, has officially entered the Thai market by rebranding ERX Company Limited to KuCoin Thailand. ERX was Thailand’s first licensed digital token exchange under the Securities and Exchange Commission (SEC) and its transition to KuCoin marks a major move in the country’s digital finance landscape. With the rebranding complete, KuCoin Thailand is now licensed to offer services in both digital tokens and cryptocurrencies. This follows the company’s acquisition of a full crypto exchange license from Thailand’s Ministry of Finance, allowing it to operate more broadly and meet the rising demand for digital asset services. Johnny Lyu, CEO of KuCoin Global, said that the expansion into Thailand reflects KuCoin’s strategy to strengthen its presence in Southeast Asia. He emphasized that the company is committed to building a secure and efficient trading platform that complies with local regulations and offers a seamless experience for Thai...
Thailand’s data center industry is entering a period of unprecedented growth, fueled by surging demand for artificial intelligence infrastructure, cloud computing services, and large-scale digital transformation across industries. According to recent forecasts, the sector is expected to grow by nearly 14 times between 2023 and 2028, attracting more than 320 billion baht in investment. Major international tech companies including Microsoft, Google, TikTok, CtrlS, NEXTDC, and China-based Beijing Haoyang have announced plans to invest in or expand their data center operations within Thailand. These firms are responding to Southeast Asia’s rising need for robust digital infrastructure and Thailand’s increasingly favorable regulatory and energy environment. A report from Krungthai COMPASS noted that Thailand is becoming a strategic hub for regional data storage and processing, thanks in part to its central geographic location and ongoing improvements in energy efficiency and internet connec...