White House’s first crypto framework and missed opportunities — Law Decoded, Sept. 12-19
The industry didn’t take the document well, as the policymakers’ focus on security and enforcement is all too visible. Go to Source Powered by WPeMatico
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Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors and reduce associated risks.” Thailand Seeks Public Comments on 2 Crypto Regulatory Proposals … Read more
Thai SEC intends to ban crypto lending in the country
The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes. Go to Source Powered by WPeMatico
Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures
The Cyber Crime Investigation Bureau in Thailand will now consider whether to pursue legal action against Zipmex following the SEC’s allegations. Go to Source Powered by WPeMatico
Thailand SEC to apply strict guidelines for crypto ads
Cryptocurrency-related adverts in Thailand will have to meet strict rules as the Securities and Exchange Commission looks to emulate foreign standards. Go to Source Powered by WPeMatico
Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require
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 industry from making misleading or exaggerated claims. Securities Watchdog Adopts Stricter Advertising Rules for Crypto Platforms in Thailand Thailand’s Securities and Exchange Commission (SEC) has … Read more
Thai SEC alleges Bitkub CTO committed insider trading
“The act of Mr. Wajanasathian is an offense of buying KUB coins by being a person who knows or possesses inside information,” said Thailand’s financial regulator. Go to Source Powered by WPeMatico
Siam Commercial Bank abandons plans to purchase $500M stake in crypto exchange Bitkub
The bank cited concerns with Bitkub “resolving various issues” according to recommendations from the country’s Securities and Exchange Commission without a definite timeline. Go to Source Powered by WPeMatico
Zipmex gets 3 month protection in Singapore amid halted withdrawals
Troubled crypto exchange Zipmex has time to come up with a restructuring plan by Dec. 2 after halting withdrawals in July. Go to Source Powered by WPeMatico
Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets
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 now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are not a legal means of payment … Read more
