Cryptocurrency News

SEC Thailand check Zipmex crypto exchange

SEC Thailand check Zipmex crypto exchange

2023.01.11 04:40

SEC Thailand check Zipmex crypto exchange
SEC Thailand check Zipmex crypto exchange

SEC Thailand check Zipmex crypto exchange

By Kristina Sobol  

Budrigannews.com – The cryptocurrency exchange Zipmex is the focus of a new probe by the Securities and Exchange Commission (SEC) of Thailand for a breach of local rules. 

A Bloomberg report revealed that local authorities are looking into activities that they believe may violate business rules for digital asset service providers. This includes its offerings of certain digital asset products.

According to the Thai SEC, Zipmex has until Jan. 12 to clarify whether it has been functioning as a “digital asset fund manager without permission” in Thailand. If true, the firm would have needed to obtain a permit before conducting business in the country.

Zipmex is currently in the process of being acquired by V Ventures, a subsidiary of Thoresen Thai Agencies PCL, for around $100 million. 

SEC Thailand check Zipmex crypto exchange

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 104,079.89 1.87%
ethereum
Ethereum (ETH) $ 3,853.69 2.11%
xrp
XRP (XRP) $ 2.48 3.87%
tether
Tether (USDT) $ 1.00 0.00%
bnb
BNB (BNB) $ 712.36 1.07%
solana
Solana (SOL) $ 217.43 0.03%
dogecoin
Dogecoin (DOGE) $ 0.384549 3.18%
usd-coin
USDC (USDC) $ 0.999913 0.01%
staked-ether
Lido Staked Ether (STETH) $ 3,850.52 2.20%
cardano
Cardano (ADA) $ 1.02 3.90%
tron
TRON (TRX) $ 0.272502 3.73%
avalanche-2
Avalanche (AVAX) $ 46.39 4.56%
chainlink
Chainlink (LINK) $ 27.03 1.99%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,572.32 2.70%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 3.26%
the-open-network
Toncoin (TON) $ 5.72 3.09%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,795.81 2.13%
sui
Sui (SUI) $ 4.56 3.21%
stellar
Stellar (XLM) $ 0.428595 1.85%
polkadot
Polkadot (DOT) $ 8.19 4.40%
hedera-hashgraph
Hedera (HBAR) $ 0.294466 4.90%
weth
WETH (WETH) $ 3,851.70 2.27%
bitcoin-cash
Bitcoin Cash (BCH) $ 515.90 2.32%
uniswap
Uniswap (UNI) $ 15.64 0.77%
pepe
Pepe (PEPE) $ 0.000021 5.80%
leo-token
LEO Token (LEO) $ 9.67 1.84%
litecoin
Litecoin (LTC) $ 116.55 1.14%
hyperliquid
Hyperliquid (HYPE) $ 25.36 6.61%
near
NEAR Protocol (NEAR) $ 6.16 8.44%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,068.36 2.22%
aptos
Aptos (APT) $ 12.83 3.53%
bitget-token
Bitget Token (BGB) $ 4.34 14.97%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.12%
internet-computer
Internet Computer (ICP) $ 11.90 2.70%
aave
Aave (AAVE) $ 369.04 1.46%
usds
USDS (USDS) $ 0.999418 0.02%
crypto-com-chain
Cronos (CRO) $ 0.187588 4.10%
ethereum-classic
Ethereum Classic (ETC) $ 31.47 3.80%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.54962 4.87%
vechain
VeChain (VET) $ 0.054307 5.25%
render-token
Render (RENDER) $ 8.30 4.36%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.58 2.41%
monero
Monero (XMR) $ 220.05 2.21%
mantle
Mantle (MNT) $ 1.18 2.29%
arbitrum
Arbitrum (ARB) $ 0.931541 3.23%
bittensor
Bittensor (TAO) $ 523.42 0.26%
mantra-dao
MANTRA (OM) $ 4.05 6.37%
filecoin
Filecoin (FIL) $ 6.08 4.35%
whitebit
WhiteBIT Coin (WBT) $ 25.00 0.91%
kaspa
Kaspa (KAS) $ 0.13622 2.72%