According to the SEC’s findings, XT .COM has provided a digital asset trading system to facilitate trading and exchange of digital assets while charging fees. Additionally, it has promoted and solicited users in Thailand to use XT .COM’s services through Thai-language social media, i.e., Facebook, Telegram and YouTube, and has set up XT .COM booth at events held in Thailand. The XT .COM’s activities are liable to be an operation of digital asset exchange business under Section 3 of th...
support to the offense committed by Bybit regarding operating a digital asset exchange business without license which is a violation of Section 26, a legal offense liable to the penalties under Section 66
Mr. Pohundratanakul and Mr. Klungpremjit are deemed support to the offense committed by Bybit regarding operating a digital asset exchange business without license which is a violation of Section 26, a
committing fraud, misappropriating the company's assets and falsifying accounting records by executing concealed transactions through several associated companies abroad to exaggerate the company's operating
operating digital asset business under Section 3 of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018) without license in contravention of Section 26, subject to penalties under Section 66 of
derivatives business operators concerning the standards of business conduct, management structure, operating system and services they provide.In this connection, the SEC will revise the rules governing
The SEC found that Bitazza, a licensed digital asset business operator in the category of digital asset broker, provided the service called Crypto Dust to the public by exchanging digital assets with Bitazza itself in the normal course of business and charging fees. In addition, Bitazza and FreedomVerse jointly provided the product called Freedom Card, which involved purchasing digital assets in exchange for cash and crediting such cash to the Freedom Card, with fees charged. Furthermore...
The SEC found that, during the period commencing on 20 September 2021, Exmix, as the operator of the websites https://www.exmix.co and https://wallet.exmix.io/, provided services or held itself out to the public as available to provide services with respect to the trading or exchange of digital assets for Exmix’s own account in the normal course of business outside the digital asset exchange. In addition, Exmix solicited and promoted the use of its services through the aforementioned websites vi...