Thailand’s Securities and Exchange Commission (SEC) warned digital asset platforms over crypto promotion and misleading advertisement. According to local reports, these platforms must be careful with their ads and focus on benefiting investors.
The warning follows the regulator’s efforts to stringently regulate the country amid growing concerns over crypto-related online scams.
Exchange’s Ads Required To Comply With Regulatory Rules
The Bangkok Post informed on Monday of the SEC’s latest crackdown on the crypto industry in Thailand. Per the report, the country’s regulator has cautioned digital asset exchange to proceed with discretion.
The SEC is warning platforms regarding ads and the organization of Introducing Broker Agent (IBA) events, as these activities might “violate the rules” under the agency’s supervision.
Crypto exchanges must follow the country’s regulatory business standard to operate and focus on benefiting investors. All advertising and sal
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