This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
Thailand’s Securities and Exchange Commission (SEC) is set to block five unauthorized crypto exchanges, including Bybit and OKX, citing regulatory violations. The move aims to protect local investors from unregulated platforms and financial crimes.
- Five crypto exchanges face blocking in Thailand for unauthorized operations under the Royal Decree on Digital Asset Businesses.
- The SEC warns that funds on unregulated platforms are unprotected, increasing risks for retail investors.
- Thailand’s new decree empowers authorities to combat illegal financial activities, with penalties including prison time and fines.
📎 Related coverage from: coincodecap.com