Shanghai TV Reports Binance Office Closure, Travala & Booking.com Partnership, Thailand SEC Pro Crypto Growth

TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Shanghai TV reports Binance office closed. Travala partners with Booking.com to offer more accommodation options. Bitcoin Cash House expands to African countries. Another SLP token gets exchange listing. Cryptophyl will list and airdrop SAI token, and Thailand SEC will amend crypto laws to encourage growth in the sector.

Shanghai TV Reports Binance Office Closure

Shanghai TV, a local channel in China, reported the closure of an office Binance supposedly had in the area, adding fuel to the controversy that is currently happening between the exchange and cryptocurrency news outlet The Block. Changpeng Zhao, CEO of Binance, denied the company had any offices in the country, but now this report from Shanghai TV contradicts his statements. A tweet from Zhao pointed to a possible lawsuit against the New York-based news outlet.

Travala Partners With Booking.com to Offer Cryptocurrency Support for More Hotels

Shanghai TV

Travala, one of the most important cryptocurrency-friendly travel services, entered into a partnership with Booking.com to offer customers more options. With this partnership, Travala adds accommodation lists from Booking.com to expand locations available, and allow customers to pay for hotel rooms with cryptocurrency.

Bitcoin Cash House Initiative Expanding

The Bitcoin Cash House Initiative, a project to support physical cryptocurrency educative hubs where users can go and learn about how blockchain and crypto tech work, is expanding to other countries beyond Venezuela. Matt Aaron, coordinator of the project, revealed locations in Ghana, Zimbabwe, and South Sudan are in the works.

Bitcoin.com Exchange to List GoCrypto

GoCrypto, the official token of the GoCrypto platform issued by Eligma, a Slovenian cryptocurrency payment startup focused on bringing cryptocurrency adoption is to be listed on the Bitcoin.com Exchange. GoCrypto is actually the company’s second token. They recently completed a migration of the Eligma ERC20-based currency to the new SLP based token.

Cryptophyl Will List SAI Token

Cryptophyl, the first SLP token-only exchange, are set to list SAI, the official currency of the Sideshift.ai. Sideshift is a service that lets anyone exchange currencies or tokens without having to go through time consuming KYC measures. SAI is normally obtained as a reward for swapping on the platform, and it will now be available for purchase and trade starting December 3rd.

Thailand to Amend Rules, Facilitating Crypto Growth

Shanghai TV

Thailand’s Securities and Exchange Commission convened to amend laws concerning cryptocurrency and digital assets in an effort to encourage growth of this sector. Ruenvadee Suwanmongkol, secretary of the institution, explained, “The regulator must be flexible to apply the rules and regulations in line with the market environment. Laws should not be outdated and should serve market needs, especially for new digital asset products.”

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