Thailand: Thai SEC investigation into Zipmex
Progress
Current status
under investigation
02 Feb 2024 under investigation
02 Feb 2024 under investigation
Scope
Implementers
Thailand
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
consumer protection authority
Implementation Level
national
Timeline of events
Issued interim ruling in Thai SEC investigation into Zipmex
On 2 February 2024, the Thai Securities and Exchanges Commission (SEC) issued an interim ruling against cryptocurrency exchange Zipmex as part of an ongoing investigation into its financial position and operational deficiencies. Specifically, the SE…
SourceEvent type
investigation
Action type
interim ruling
Government branch
executive
Government body
consumer protection authority
Issued Recommendation to the Minister of Finance to revoke Zipmex's digital asset business license
On 2 February 2024, the Thai Securities and Exchange Commission (SEC) issued an interim ruling against the cryptocurrency exchange Zipmex. The ruling was part of an ongoing investigation into Zipmex's financial position and operational deficiencies.…
SourceEvent type
investigation
Action type
interim ruling
Government branch
executive
Government body
consumer protection authority