Express

Zipmex Thailand Halts Deposit and Trading Services in Thailand

Katie Lin

Summary: Zipmex has halted deposit and trading services in Thailand to comply with regulations from Thailand's Securities and Exchange Commission, according to a statement posted by the crypto exchange on its Facebook page. Withdrawals will be processed normally until January 31, 2024, after which customers will need to contact the exchange’s customer support team for assistance ...

Zipmex has halted deposit and trading services in Thailand to comply with regulations from Thailand's Securities and Exchange Commission, according to a statement posted by the crypto exchange on its Facebook page. Withdrawals will be processed normally until January 31, 2024, after which customers will need to contact the exchange’s customer support team for assistance in withdrawing funds. Zipmex Thailand faces penalties from Thailand's SEC for allegedly misusing a digital asset custodian service and directing customers to Singapore-based exchange Zipmex Pte, creating a conflict of interest.

Author: Katie Lin

Last Update:

Tags: ,,,,,,
Link: Zipmex Thailand Halts Deposit and Trading Services in Thailand   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 7 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 14 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 18 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 20 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 24 days ago

    • You need to login to comment.