zipmex – DIGIT INFO

Thai SEC revokes Zipmex’s licenses after failure to comply with orders

DIGIT — Tue, 11 Jun 2024 15:00:42 +0000

Thailand’s Finance Minister determined the cryptocurrency exchange was “still in contravention” of orders imposed by the SEC in February.

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Crypto exchange Zipmex suspends trading activity in Thailand

DIGIT — Sun, 26 Nov 2023 04:27:22 +0000

Cryptocurrency exchange Zipmex has announced it has suspended trading in Thailand due to ensuring it is compliant with local regulations.

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Zipmex requests 2-month extension from Singapore court for restructuring plan

DIGIT — Tue, 18 Apr 2023 21:00:00 +0000

A ruling from Singapore’s High Court originally allowed Zipmex a moratorium until December 2022 to handle debt relief amid reported liquidity issues.

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Zipmex says it may resume 100% of Z wallet withdrawals subject to conditions

DIGIT — Wed, 15 Feb 2023 18:45:00 +0000

The creditors have until February 21, 2023, to vote on a new scheme proposed by the company.

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Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy

DIGIT — Fri, 10 Feb 2023 17:30:18 +0000

Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, one of the co-founders, recently tweeted about his new crypto venture, Open Exchange. The exchange aims to provide users with the ability to trade or […]

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Thai Regulator Accuses Digital Asset Service Provider of Failing to Comply With Information Request – Matter Referred to Law Enforcement

DIGIT — Fri, 09 Sep 2022 07:00:13 +0000

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 Thai Police. The regulator said it made decision after Yimwilai and his company failed to comply with the request to furnish an official with information […]

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Thai SEC files police report on Zipmex, alleging ‘incomplete’ info for compliance procedures

DIGIT — Wed, 07 Sep 2022 17:34:43 +0000

The Cyber Crime Investigation Bureau in Thailand will now consider whether to pursue legal action against Zipmex following the SEC’s allegations.

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Crypto Ads in Thailand Must Feature Clear Investment Warnings, New Regulations Require

DIGIT — Fri, 02 Sep 2022 10:00:55 +0000

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 […]

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Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’

DIGIT — Fri, 26 Aug 2022 04:14:58 +0000

The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand’s SEC, and government agencies.

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Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets

DIGIT — Wed, 10 Aug 2022 03:30:55 +0000

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 […]

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