Thailand
Crypto Exchange Zipmex to Restart Customer Withdrawals Once Rescue Deal Closes
A rescue deal is "signed but not closed," according to Zipmex CEO Marcus Lim.
Thailand SEC Issues Regulations for Crypto Custody Providers
The regulator says custodians should have a contingency plan if something goes wrong.
Crypto Exchange Zipmex Faces Probe From Thai Securities Regulator: Bloomberg
The regulator is investigating if Zipmex was operating as a digital asset fund manager without permission.
Landmark International CBDC Test Deemed Success, BIS Says
Over $22 million in foreign exchange was aided via the pilot involving China, Thailand and Hong Kong, the Bank for international Settlements said
Crypto Exchange Bitkub, 4 Others Sued by Thai SEC Over Fake Volume Claims
The move comes after the regulator fined crypto exchange Bitkub's CTO $250,000 for insider trading.
Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service
The regulator recently filed a police report against Zipmex after the exchange froze withdrawals in July.
Thai SEC Files Police Complaint Against Crypto Exchange Zipmex
The complaint comes after Zipmex failed to meet a deadline for sharing transactional information with the SEC, the agency said.
Celsius Says $70M Cash Relief Will Bolster Efforts to Survive 2022; Thailand Toughens Crypto Ad Rules
Crypto lender Celsius Network said a freshly-found $70 million pile of cash would likely help the firm continue operating through the end of 2022. Plus, Thailand is enforcing tougher rules governing crypto advertising, according to an official notice from the country's securities regulator.
Thailand Toughens Crypto Ad Rules
The rules now require crypto operators to display clear risk warnings on ads and prohibit the inclusion of false or exaggerated information about companies.
Thai SEC Fines Bitkub Executive $235K for Insider Trading
Last week, the country’s oldest commercial bank backed out of a deal to buy a majority stake of the local crypto exchange, citing unresolved regulatory issues.
