⚖️ THAILAND ORDERS CRYPTO BROKER TO FIX VIOLATIONS
Thailand’s Securities and Exchange Commission reported on November 6 that it had ordered Coins TH to improve its management, IT systems, and safekeeping of client assets, and to submit missing financial reports for 2024–2025. The deadline to report on the corrective measures is December 8, 2026.
This is not a company shutdown, nor is there proven theft of funds. The SEC pointed to shortcomings in controls and reporting; the order was issued on November 5 and published on November 6. Source: Securities and Exchange Commission of Thailand (SEC), announcement No. 245/2026.
#Crypto #Thailand
Thailand’s Securities and Exchange Commission reported on November 6 that it had ordered Coins TH to improve its management, IT systems, and safekeeping of client assets, and to submit missing financial reports for 2024–2025. The deadline to report on the corrective measures is December 8, 2026.
This is not a company shutdown, nor is there proven theft of funds. The SEC pointed to shortcomings in controls and reporting; the order was issued on November 5 and published on November 6. Source: Securities and Exchange Commission of Thailand (SEC), announcement No. 245/2026.
#Crypto #Thailand