The Singapore High Court has approved a restructuring plan for Thai crypto exchange Zipmex. The exchange filed for bankruptcy in July 2022 following liquidity issues induced by Terra's collapse.
Zipmex faces a crackdown from the Thai SEC following a halt on withdrawals back in July.
Asian countries and jurisdictions such as Thailand, Singapore, and Hong Kong have been actively developing regulations for cryptocurrencies and security...
Thailand's government stands to lose $1 billion with its latest tax break. The nation could also bring in over $3 billion in investment token offerings.
A joint venture between Binance and Gulf Innova is set to launch a new crypto exchange in Thailand by Q4'2023 after receiving regulatory approval from the country's Ministry of Finance.
Huobi will shut down operations in Thailand on July 1 after losing its crypto license in May.
Summary: Thailand regulators have issued a fine to Samret Wajanasathian, the Chief Technology Officer of local crypto exchange Bitkub. Wajanasathian...