Thai SEC grants Singapore based crypto-fiat exchange license to operate in Thailand

posted 6 months ago
Thailand’s securities regulator has granted the coveted “digital assets exchange license” to the Asia-Pacific crypto-fiat trading platform Zipmex. Thailand’s Ministry of Finance and the Thai SEC approved Zipmex for the license, which places strict regulatory requirements on applicants.

To secure the license, hopefuls must prove they have robust finances — with shareholder equity of at least 50 million baht (~$1.65 million) — and operate at a high standard in their IT and cyber security systems.
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