TechFlow reported, according to Finance Feeds, that Thailand's Securities and Exchange Commission (SEC) has ordered cryptocurrency exchange Zipmex to suspend its digital asset trading and brokerage services.
As of February 1, the Thai SEC found that Zipmex failed to meet regulatory requirements.
Zipmex must rectify its financial condition within 15 days and implement measures to prevent misuse of customer funds. The company can only resume normal operations upon approval from the Thai SEC.




