Thailand revokes Zipmex’s crypto license on regulatory failures

Thailand’s Securities and Exchange Commission (SEC) has revoked Zipmex’s operating license after the crypto firm failed to meet regulatory requirements. According to local media, the cancellation, effective May 28, follows concerns over the firm’s financial “health” and its management structure, which could potentially cause harm to customers. Also read: Thailand’s SEC moves to withdraw... source: https://www.cryptopolitan.com/thailand-revokes-zipmexs-crypto-license/