Thailand’s
securities watchdog today (Monday) issued new rules
that ban cryptocurrency firms from offering crypto lending services that
provide returns to investors for their deposits. The rules also demand that digital
asset operators from July 31, 2023, to start
warning their
customers against the risks of cryptocurrency trading.
According
to the Securities and Exchange Commission (SEC), crypto exchange operators must
display this message
(translated from Thai to English): “Cryptocurrencies carry a high level of
risk. Please study and understand the risks of cryptocurrencies