Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines.
Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases.In a Friday announcement from the Thai SEC, the regulatory body said that Secretary-General Ruenvadee Suwanmongkol had approved crypto exchange guidelines, Notification 18/2564 on “Rules, Conditions and Procedures for Undertaking Digital Asset Business,” on Wednesday to go into effect. The new rules ban Thai exchanges from handling meme-based tokens, fan-based tokens, nonfungible tokens (NFTs) and exchange-issued tokens. Source: Thai Securities and Exchange CommissionFor tokens issued by exchanges, the SEC said that any cryptocurrencies had to precisely conform to the descriptions in their respective white papers as
Congressman proposes the creation of a national Bitcoin reserve in Brazil
[[{„value”:” A Brazillian Congressman has proposed the creation of a national Bitcoin (BTC) reserve in Brazil called Bitcoin…
