Zipmex wants to meet with Thai officials for “recovery strategy”
According to the company, the discussions would also involve representatives from Zipmex, Thailand’s SEC, and other governmental organizations. To discuss the company’s “recovery strategy,” Zipmex has asked to meet with the Securities Exchange Commission of Thailand (SEC) and other regulators. In a statement released on August 25, Zipmex stated that it has sent a letter […]
Thai SEC issues license to a real estate project on the Ethereum blockchain
The Thailand Securities Exchange and Commission (SEC) has granted a license to an asset-backed token issuing business Fraction, the firm allows traders to invest as little in real estate properties and is based on the Ethereum blockchain. Fraction, a wholly-owned subsidiary of Hong Kong-based fintech business Fraction Group, announced Sept. 16 that it has secured […]
Thai SEC seeks to terminate the operating license of Huobi crypto exchange
Local authorities in Thailand have ordered the suspension of Huobi’s operations in the country due to the company’s apparent failure to comply with local legislation. In a recommendation to the Ministry of Finance, the Securities and Exchange Commission (SEC) of Thailand has temporarily suspended the services of the local branch of cryptocurrency exchange Houbi and […]
Thai SEC introduces new rules for digital asset custodians to protect investors
According to the SEC, the new guidelines will improve investor protection and the trustworthiness of crypto service providers by guaranteeing that records of investors’ holdings are accurate and up to date. Thailand’s Securities and Exchange Commission (SEC) continues to introduce new restrictions for the cryptocurrency business, citing worries about investor protection. The Thai Securities and […]
The Cayman Islands and Thai SEC issues regulations against Binance’s activities
Financial watchdogs in Thailand and the Cayman Islands have also joined the rest of the world including, Japan, U.K. and others to issue regulatory actions against Binance. Regulators continue to question the legality of Binance’s operations in various countries, despite the fact that it is the largest cryptocurrency exchange by trade volume. The Securities and […]