THailAnD SEC vs Crypto
THailAnD SEC vs Crypto
What's the news?
What's the news?
The SEC of Thailand has announced tightening the rules on crypto ads to protect retail investors from the declining
crypto market.
The Zipmex Failure
The Zipmex Failure
The announcement came amid the failure of Zipmex, the local crypto exchange after it halted withdrawals in the recent month.
The Must Haves
The Must Haves
Crypto companies are directed to clearly mention risks of investing in crypto & only advertise on official channels.
The Timeline
The Timeline
The regulators gave 30 days implementation period. Companies failing to adhere, will face heavy penalty under Thai law.
Another Crypto Bust
Another Crypto Bust
An executive of Bitkub, a Thai crypto exchange was charged with insider trading & ordered to pay fine of 8.5 million Thai baht
Asia & Crypto
Asia & Crypto
Asian countries aren't as friendly to the idea of cryptocurrencies compared to Western countries but the adoption is slowly on the rise
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