The SEC says Zipmex's business licence needs to be revoked to prevent further harm to clients’ interests, after the company failed to resolve deficiencies by another deadline.
February 24, 2024Thailand's laws require digital assets businesses to suspend business operations if they are unable to maintain the net liquid capital requirement.
November 30, 2023The 'Crypto Academy' is one of several measures the SEC has taken to protect crypto investors since local exchange Zipmex halted customer withdrawals in July 2022.
January 16, 2023Crypto exchanges will have to post Indonesian citizens resident in the country to at least two-thirds of their board seats.
September 26, 2022A minimum investment amount is also proposed for each digital asset transaction. Meanwhile, the SEC is considering allowing asset managers to set up digital asset funds.
September 19, 2022The SEC will appoint a working group to consider amendments to the regulatory framework. Separately, it has filed a police complaint against Zipmex.
September 8, 2022Digital asset depository service providers already operating in Thailand have until 11 October to submit a licence application to the SEC.
August 19, 2022The regulatory changes are in part a response to a liquidity crisis at Zipmex, one of Thailand’s leading digital asset exchanges.
August 16, 2022The approvals come as the SEC continues to investigate Zipmex, which operates in Thailand, Singapore, Indonesia and Australia.
August 7, 2022