Thai SEC Orders Zipmex Cryptocurrency Exchange to Temporarily Halt Services

Thailand’s SEC has ordered Zipmex, a cryptocurrency exchange, to suspend its trading and brokerage services for 15 days due to financial and operational issues. The exchange must rectify its net liquid capital, business management structure, and customer fund management to comply with the SEC’s orders. If Zipmex fails to meet the requirements, the SEC may propose revoking its order.

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