Cryptocurrency exchange Zipmex has announced that it will suspend all digital asset trading in Thailand in order to comply with regulatory requirements. The company has decided to temporarily halt its operations to align with the criteria set by the Securities and Exchange Commission (SEC) in Thailand. This suspension will be effective from November 25, 2023, onwards. After January 31, 2024, customers will need to directly contact the exchange for withdrawals. This move comes after Zipmex faced several challenges, including delays in paying customers and a breach of local rules. The exchange has been under scrutiny by the SEC of Thailand and has been given a deadline to respond to allegations of operating as a digital asset fund manager without permission.

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Information	Details
Geography	Asia
Countries	🇹🇭 🇸🇬
Sentiment	negative
Relevance Score	1
People	None
Companies	Zipmex, Securities and Exchange Commission (SEC) in Thailand
Currencies	None
Securities	None