Thailand Crypto Exchange License: Authorities To Block Unlicensed Crypto Platforms To Solve Cybercrime Problem in Country
To tackle the rising crimes in the country, Thailand has reportedly decided to block the crypto exchanges. The authorities aim to prevent the money laundering and other related crimes happening online.
Thailand has reportedly announced that authorities will block unlicensed crypto exchanges to solve online crimes in the country. The authorities are set to block the Thailand crypto exchanges to improve law enforcement efficiency. According to a Crypto News Update on X, Thailand's decision will help it to solve the cybercrime issues. Previously, Thailand blocked Binance and Bybit crypto exchanges and required users to withdraw assets from these platforms, according to a report by Cointelegraph. Thailand's decision to block cryptocurrency platforms was inspired by India and the Philippines, as these countries also blocked offshore exchanges that did not meet local regulatory mandates. Make in India Initiative: HP Partners With INDO-MIM To Mass Produce Metal 3D-Printed High-Precision Metal Parts in Country for Multiple Sectors.
Thailand Authorities To Block Unlicensed Cryptocurrency Platforms:
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