{"id":29383,"date":"2025-05-30T07:31:48","date_gmt":"2025-05-30T07:31:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29383"},"modified":"2025-05-30T07:31:48","modified_gmt":"2025-05-30T07:31:48","slug":"thailand-to-block-okx-bybit-and-others-citing-lack-of-license","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29383","title":{"rendered":"Thailand to Block OKX, Bybit and Others, Citing Lack of License"},"content":{"rendered":"<div>\n<p>Thai crypto traders will be blocked from accessing Bybit, CoinEx, OKX, 1000X, and XT.com, from June 28, <a href=\"https:\/\/www.sec.or.th\/TH\/Pages\/News_Detail.aspx?SECID=11796&amp;fbclid=IwY2xjawKl2oBleHRuA2FlbQIxMABicmlkETFJQk9GQmJqcEUzSkN1QjV0AR6tYOGB43uNjunOaMkZhsjLN5YNfm1WMOc6FTmqXseZnYYr_8IPpi0Et95uxA_aem_IQxL0EFZH8AG62rwlXOwqA\">according to a recent announcement<\/a> from Thailand&#8217;s Securities and Exchange Commission.<\/p>\n<p>The Thai SEC has filed charges against these exchanges with the country&#8217;s Economic Crime Suppression Division, citing violations of the Digital Asset Business Act, and has requested that the nation&#8217;s Ministry of Digital Affairs block access to the platforms.<\/p>\n<p>&#8220;Investors are urged to promptly secure their assets on these platforms before the impending access restrictions,&#8221; the SEC advised.<\/p>\n<p>The regulator further emphasized the importance of using licensed platforms to ensure investor protection and prevent inadvertent participation in criminal activities such as money laundering.<\/p>\n<p>&#8220;As a firm, we are fully committed to engaging with governments and law enforcement agencies to prevent illicit activities such as money laundering,&#8221; an  OKX spokesperson said in a statement to CoinDesk. <\/p>\n<p>&#8220;We believe that constructive engagement with regulators is essential to the sustainable development of the digital asset industry.&#8221;<\/p>\n<p>Thai authorities announced their intention to <a href=\"https:\/\/www.coindesk.com\/policy\/2024\/04\/22\/thailand-to-block-access-to-unauthorized-crypto-platforms\">block access to unlicensed exchanges in April 2024<\/a>.<\/p>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Thai crypto traders will be blocked from accessing Bybit, CoinEx, OKX, 1000X, and XT.com, from June 28, according to a recent announcement from Thailand&#8217;s Securities and Exchange Commission. The Thai SEC has filed charges against these exchanges with the country&#8217;s Economic Crime Suppression Division, citing violations of the Digital Asset Business Act, and has requested [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29383","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29383"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29383\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}