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Thailand SEC amplifies crypto crackdown; blocks unauthorized service providers

From invezz.com

In a move to prevent cybercrimes, Thailand’s government has decided to block unlicensed cryptocurrency firms. Thai SEC revealed the new measures following the 19 April Technology Crime Prevention & Suppression Committee meeting. Meanwhile, the Securities & Exchange Commission received orders to submit data on illegal crypto entities to the Digital Economus & Society ministry to ban access to the service providers. The regulator has given service users adequate time to prevent the impacts of blocking access to trading platforms to active investors. Users of the unnamed crypto service providers should withdraw ... (full story)

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