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Beleaguered crypto exchange Zipmex has lost its business license after the Thai authorities found that the exchange had repeatedly failed to comply with orders. Thai cryptocurrency exchange Zipmex has lost its business license after the Securities and Exchange Commission (SEC)…
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Thai securities regulator has filed charges against former Zipmex Thailand CEO with financial crimes and regulatory violations. The Securities and Exchange Commission (SEC) of Thailand has brought charges against Akarlap Yimwilai, the former director and CEO of Zipmex Thailand, alleging…
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Zipmex will have to hit pause in Thailand and adjust its compliance with local laws after warnings of inadequate business practices.
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Troubled cryptocurrency exchange Zipmex has proposed its creditors nearly 30 cents per dollar of claims as part of its restructuring plan. Embattled crypto exchange Zipmex has offered its creditors 29.35 cents per dollar as the firm is seeking new options…
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The suspension comes as Zipmex faces various challenges, including delays in customer payments, liquidity issues, and ongoing investigations by the SEC Thailand.
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Troubled crypto exchange Zipmex is looking to extend the current moratorium on creditor protection by another two months to enable the company to find a solution regarding reopening its Z wallet. Zipmex filed an application with the Singapore court for…
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Southeast Asia-focused cryptocurrency exchange, Zipmex is reportedly set to restart customer withdrawals after reaching a takeover deal.
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Thailand's Securities and Exchange Commission is looking into Zipmex's local branch over its earn program.
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Thailand's SEC plans to impose stricter regulations on digital assets in order to protect investors following a turbulent year in which Asians suffered significant losses.
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Embattled Asian crypto exchange, Zipmex, said it is still in talks with an investor seeking to take over the company. According to an anonymous source, the takeover negotiations might be finalized as early as the coming week. The creditor protection…
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Indonesia’s Trade Ministry plans to enact tight rules on cryptocurrency exchanges within its borders to give the local administration more control over digital asset transactions. Indonesian Exchanges Chocked by the Trade Ministry The Trade ministry plans to achieve more DeFi…
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Thailand’s securities regulator recently announced that it had referred crypto exchange Zipmex and it’s Thai unit CEO, Akalarp Yimwilai, to the Royal Thai Police’s technical crime division. The decision was made after Yimwilai, and his company failed to follow a…
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Thailand’s Security and Exchange Commission (SEC) tightens rules on advertising by cryptocurrency companies after the industry has come under great scrutiny from authorities. The jurisdiction joins countries like Singapore in seeking to protect retail investors in the wake of a $2 trillion…
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Asian cryptocurrency exchange Zipmex has requested a meeting with the Securities and Exchange Commission (SEC) of Thailand, other regulators, and potential investors to present the firm’s “recovery plan.” Zipmex Seeks Meeting of Potential Investors With Regulators Zipmex, which filed for…
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The South Asian crypto exchange is in a rough patch after its exposure to Babel Finance and Celsius Network, which are currently bankrupt. The Singapore high court last week granted the exchange protection from creditors to enable it to sort…
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A report from Zipmex revealed that the platform would begin releasing Bitcoin and Ethereum tokens in the coming days. The company’s spokesperson announced that the exchange would resume withdrawals of the coins following its suspension lift. Zipmex Begins the Release…
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