Thailand proposes tighter scrutiny of funders behind crypto firms

Thailand proposes tighter scrutiny of funders behind crypto firms

5.56%BTC$71,713 4.69%XLM$0.1624 4.81%TRX$0.3178 1.09%XMR$340.81 3.41%DOGE$0.09427 3.99%BCH$445.64 2.95%ADA$0.2578 6.10%BNB$613.17 2.67%ETH$2,248 7.09%SOL$84.43 6.15%HYPE$39.28 7.37%XRP$1.37 5.32%USD Written by Helen Partz,Staff WriterReviewed by Bryan O'Shea,Staff EditorThailand proposes tighter scrutiny of funders behind crypto firms34 minutes agoThailand’s SEC proposes tightening funding rules for cryptocurrency companies to include anyone backing major shareholders, directly or indirectly. Thailand’s securities regulator is seeking to curb money laundering and technology-related crimes by tightening funding rules for cryptocurrency companies. The Securities and Exchange Commission of Thailand (Thai SEC) on Monday proposed expanding approval requirements for crypto businesses to include financiers behind major shareholders. Under the proposal, any person providing backing or financial

Source: https://cointelegraph.com/news/thailand-sec-tighter-rules-crypto-funding?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound