The Thai Securities and Exchange Commission has just boldly announced the "ban" on Bybit, 1000X, CoinEx, OKX, and XT.COM starting from June 28! 😱
The Thai government is making a big move, not allowing these major crypto exchanges to "fly freely" anymore. The reason sounds quite "serious": combating money laundering and preventing opaque financial activities.
To put it plainly, those of you trading on these exchanges in Thailand should prepare to... change locations, because the entry point is about to close!
Crypto without regulations can easily become chaotic, so Thailand is decisively cleaning up, both strictly and resolutely. Anyone still using the exchanges mentioned should quickly reassess their strategy! 💥🚫