Representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Crypto platform Zipmex files for bankruptcy protection in Singapore

July 29 (Reuters) – Southeast Asia-focused cryptocurrency exchange Zipmex said it had filed for bankruptcy protection in Singapore, becoming the latest victim of the global downturn in digital currencies. Singapore-based Zipmex resumed…

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Zipmex ordered to resume trading, withdrawals, following worrying freeze

Thailand’s Securities and Exchange Commission (SEC) has ordered Zipmex, Thailand’s second largest cryptocurrency exchange after Bitkub, to resume trading and digital asset withdrawals within three days after an official announcement…

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A Bitcoin digital currency ATM shop in Marseille, southern France, on January 8, 2021. (Photo by NICOLAS TUCAT / AFP)

Cryptocurrency gains momentum in Thailand, across globe     

Proponents of cryptocurrency are celebrating after the Securities and Exchange Commission (SEC) reached a conclusion on how to regulate trading of the asset in Thailand. “Very glad to see this…

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The photo, taken in January 2020, shows a physical imitation of a Bitcoin in Dortmund, western Germany. (Photo by INA FASSBENDER / AFP)

The rewards (and risks) of Thailand’s big bet on cryptocurrency

As more people and businesses invest in digital currencies, the Bank of Thailand (BOT) faces the delicate task of trying to balance financial stability and investor protection on the one…

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