
Thailand SEC to probe Zipmex over unregistered earn products
The SEC said that Zipmex could have unduly operated as a fund manager by offering its ZipUP earn products.
Coverage of exchange policy, tourism-linked crypto payments, and institutional interest in Web3.
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The SEC said that Zipmex could have unduly operated as a fund manager by offering its ZipUP earn products.

G7 economies and over 20 additional countries are in development stages for CBDCs, according to the Atlantic Council.

BMW onboarded Coinweb in order to adopt a decentralized and efficient architecture and BNB chain to help settle its every transaction.

Asia currently holds 7.3% of the total Bitcoin supply as market moves inversely to the West

Hong Kong Monetary Authority published a report to announce its CBDC project, mBridge's key accomplishments, use cases, and areas of improvement.

Sweden's Riksbank teamed up with BIS, along with the central banks of Israel and Norway to test the use of Sweden's CBDC "e-krona", results will be published in a report by the first quarter of 2023.

Thailand's SEC has increased its regulatory oversight over the crypto space since the crypto market crash, focusing on protecting traders.

Thailand's SEC has accused Zipmex and its CEO Eklarp Yimwilai of failing to submit complete information about transactions and wallets holding customers' asset prior to withdrawal freeze.

The lender, which returned all SOL, XRP and ADA tokens to users over the past week, will allow withdrawal of up to 0.0045 BTC from Aug. 16.
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