The shutdown date is set, even though the license hasn’t been secured yet
Thailand’s SEC has filed a criminal complaint against Bitget operator BG Limited, accusing it of trading in Thailand without a license and attracting local users with a Thai-language website and prices in baht. Its website and app will both be blocked starting December 5.
Awkwardly, the closing date for the acquisition of licensed firm GMO-Z by a Bitget-linked buyer was just pushed back to November 30—only five days before the shutdown. Regulators still haven’t said whether the acquisition will go ahead.
Thailand’s SEC has filed a criminal complaint against Bitget operator BG Limited, accusing it of trading in Thailand without a license and attracting local users with a Thai-language website and prices in baht. Its website and app will both be blocked starting December 5.
Awkwardly, the closing date for the acquisition of licensed firm GMO-Z by a Bitget-linked buyer was just pushed back to November 30—only five days before the shutdown. Regulators still haven’t said whether the acquisition will go ahead.