Crypto exchange Zipmex suspends trading activity in Thailand
Cryptocurrency exchange Zipmex has announced it has suspended trading in Thailand due to ensuring it is compliant with local regulations.
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Cryptocurrency exchange Zipmex has announced it has suspended trading in Thailand due to ensuring it is compliant with local regulations.
A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues.
The creditors have until February 21, 2023, to vote on a new scheme proposed by the company.
Thailand’s securities regulator recently said it had referred digital asset service provider Zipmex and its Thai unit chief executive officer, Akalarp Yimwilai, to a technology crime division of the Royal…
The Cyber Crime Investigation Bureau in Thailand will now consider whether to pursue legal action against Zipmex following the SEC's allegations.
Thailand has introduced tighter rules that will oblige crypto companies to duly inform potential customers of the investment risks on their advertisements. The new regulations also prohibit businesses in the…
The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand's SEC, and government agencies.
Zipmex, a recently insolvent crypto exchange, has partially restored users’ ability to access their ETH balance, but only to a point. Zipmex Partially Opens Withdrawals ETH holders on Zipmex can...
Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right…
Thailand’s regulators are still approving crypto companies despite one of its largest ones suspending withdrawals.