Tag: Zipmex
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A Thai regulator accuses a provider of digital asset services of refusing to respond to an information request; the matter has been referred to law enforcement
The chief executive officer of Zipmex’s Thai unit, Akalarp Yimwilai, and the country’s securities regulator were recently referred to the Royal Thai Police’s technology crime division. The regulator claimed it took this action after Yimwilai and his business refused to provide information about customers’ digital wallets to a government official. Zipmex Fails to Share Details…
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Thailand’s new regulations mandate that cryptocurrency advertisements include explicit investment warnings.
Thailand has enacted stricter regulations that require cryptocurrency businesses to adequately disclose the investment risks in their advertisements. The new rules forbid companies in the sector from making false or exaggerated claims. According to Bloomberg and Reuters, Thailand’s Securities and Exchange Commission (SEC) has approved new guidelines for cryptocurrency advertisements. The modifications, according to a…