Thailand: Issued ruling in SEC investigation into Zipmex revoking its digital asset business license
Description
Issued ruling in SEC investigation into Zipmex revoking its digital asset business license
On 10 June 2024, the Securities and Exchange Commission (SEC) issued a ruling against the cryptocurrency exchange Zipmex, revoking its digital asset business license. The decision was based on Zipmex's compromised financial condition, inadequate man…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority
Complete timeline of this policy change
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2024-02-02
under investigation
2024-02-02
under investigation