Thailand Plans to Block Unauthorized Crypto Platforms From Local Users

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Thailand's Securities and Exchange Commission has announced that it plans to block local access to unauthorized cryptocurrency platforms, and has asked local investors to move out their funds from such platforms. Following a meeting on April 19 with a government committee on preventing technology-related crimes, the SEC was ordered to submit information on locally unauthorized digital asset service providers to the Ministry of Digital Economy and Society. The ministry is expected to ban access to the platforms after court approval, the statement said.

Read the full story at The Block.

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