Thai SEC Proposes New Crypto Investment Rules for Funds
The Thai SEC has proposed new regulations to allow mutual and private funds to invest in digital assets, aiming to align with global trends and meet rising institutional interest. In an effort to align with international developments and address the increasing interest from institutional investors, the Thai Securities and Exchange Commission (SEC) has proposed new […]
Thai SEC Recommends Revoking Zipmex’s License
The Finance Ministry of Thailand received a recommendation from the Securities and Exchange Commission (SEC) to revoke the digital asset license of cryptocurrency exchange Zipmex. At a meeting on February 21, the SEC also decided that the February 1-imposed business suspension of Zipmex would remain in effect and that clients would have until March 11 […]
Thailand, Singapore Ban Crypto Staking for Retail
Thailand and Singapore have announced new rules to ban crypto exchanges from offering lending and staking services to retail investors. Thailand and Singapore have joined forces to crack down on crypto staking activities for retail investors. The regulators of both Southeast Asian nations have issued new rules to ban crypto exchanges from offering lending and […]
Thai SEC calls for public feedback on crypto lending, staking ban
The Securities and Exchange Commission (SEC) of Thailand after placing a ban on crypto lending and staking by crypto firms is getting ready to hold another open hearing to get public opinion about the decision. The draft regulation forbidding virtual asset service providers (VASPs) from offering or getting engaged in any kind of crypto staking […]
Thai SEC claims CTO of Bitkub engaged in insider trading
The Thai financial regulator stated that Mr. Wajanasathian’s actions were illegal since they constituted the purchase of KUB coins by someone who had inside knowledge or information. The Thai Securities and Exchange Commission (SEC) has launched enforcement actions against Bitkub’s chief technology officer for allegedly exploiting insider knowledge to buy Bitkub Coin (KUB). The SEC […]