Zipmex Halts Operations in Thailand: Navigating Regulatory Challenges and Financial Turmoil
Discover the latest on Zipmex's operational halt in Thailand, as it faces SEC scrutiny and financial distress
BrianDiscover the latest on Zipmex's operational halt in Thailand, as it faces SEC scrutiny and financial distress
BrianKuCoin settles for $22 million, ending operations in New York to comply with regulations—a significant move in the crypto industry's compliance journey.
Hui XinThe Securities and Exchange Commission (SEC) of Thailand has implemented a trading and asset deposit halt for Zipmex, effective from 25 November, 1pm local time. This decision aligns with local regulations to ensure compliance. The suspension instructs customers seeking fund or asset withdrawals during this period to directly contact the exchange.
JoyThe suspension comes as the country's financial, security, and data protection services delve into the legitimacy and data protection aspects of the project.
Coinlive Delio is suspending withdrawals on its platform following its exposure to Haru Invest, which previously halted its services.
cryptopotato
Coinlive The company did not say whether it plans to submit a bankruptcy filing.
CryptoSlateThe social media platform has been looking to cut costs and find new sources of revenue; DOGE falls below 13 cents.
CoindeskA heat wave is about to hit Texas, and the bitcoin mining community is doing its part. This is the ...
BitcoinistNew Jersey's move is just the latest in a series of orders and complaints against crypto-based interest-bearing account issuers in the United States.
Cointelegraph