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Thai SEC bans the use of customer crypto assets for lending and investment

  • 📰 Cointelegraph
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Thailand's Securities regulator issued new guidelines for crypto services providers, prohibiting any form of lending services and a ban on the use of customers’ funds for investment.

new rules for digital asset service providers focused on investor protection.

“Cryptocurrencies are high risk. Please study and understand the risks of cryptocurrencies thoroughly, because you may lose the entire investment amount.” Apart from a trading risks disclaimer, the new guidelines also prohibit service providers from using customers’ funds for lending or investment.

 

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Thailand’s Securities and Exchange Commission (SEC) has issued new rules for digital asset service providers focused on investor protection.

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 /  🏆 562. in KR

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