🚨 Breaking News: Zipmex to cease operations in Thailand immediately as ordered by the country's SEC due to financial and operational challenges. The crypto exchange faces a 15-day deadline to address these issues or risks losing its license. Amidst regulatory scrutiny since the crypto downturn in 2023, Zipmex's future hangs in the balance. Thailand's evolving crypto regulations and the broader market's response underscore the dynamic and uncertain nature of the digital asset industry.
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 great update 

 Zipmex, a crypto exchange, has been ordered by the Securities and Exchange Commission (SEC) of Thailand to suspend its digital asset trading and brokerage services due to financial and operational challenges . The SEC had previously directed Zipmex to amend its liquid capital maintenance and management structure on January 12, 2024. However, as of February 1, the SEC was unsatisfied with Zipmex's compliance with these requirements