Thailand SEC bans crypto payments, seeks disclosure of system failure from exchanges
Since Dec. 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry.
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Since Dec. 2021, the government of Thailand has been working on preparing a new regulatory framework by defining “red lines” for the crypto industry.
The license does not allow Gemini to operate as an exchange in the country, but it will let it passport e-money services throughout the EEA.
Malaysia’s finance minister previously warned that crypto payments were illegal as they did not meet the universal characteristics of money.
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