Zipmex has revoked its digital asset buying and selling and brokerage license!

On June 10, 2024, the Securities and Alternate Fee (SEC) introduced that Zipmex Firm Restricted (Zipmex) will likely be delisted as a digital asset buying and selling middle and digital asset dealer efficient Could 28.

This transfer comes after the Minister of Finance advisable to the SEC to revoke the enterprise license of digital asset Zipmex as a result of the monetary scenario of the corporate might harm prospects. Together with the shortcoming to successfully run a enterprise in accordance with the Digital Property Enterprise Conduct Royal Regulation 2018 (Digital Property Order).

And though the SEC has accredited a decision ordering Zipmex to resolve the issue, However the firm was not capable of resolve the issue inside the specified time, even when the SEC determined to droop the license quickly to permit Zipmex to right that downside.

Consequently, the SEC believed that Zipmex was unable to resolve the matter as ordered. and submitted resolutions and proposals to the Minister of Finance To think about the return of the license to function a digital asset enterprise within the digital asset buying and selling middle sector. and digital asset brokerage Zipmex and ordered Zipmex to droop its digital asset enterprise.

Zipmex should switch the property again to the client or in accordance with the client’s order inside 15 days And if the client doesn’t come to inform the request or to retrieve the property inside within the specified interval, Zipmex should put together for depositing the property. the system for one more 30 days from the date of receipt However the date specified above together with reporting every step of the work to the SEC for recognition

Zipmex nonetheless maintains its standing as a restricted firm with rights, obligations and liabilities. You can too be sued in accordance with the regulation. www.sec.or.th

Incessantly Requested Questions in case Zipmex is delisted from being a digital asset buying and selling middle and digital asset dealer

After the corporate’s license has been revoked What ought to the corporate’s prospects do subsequent?

In case of Alternate pockets

Shoppers with funds within the Alternate pockets should contact Zipmex by way of e mail. [email protected]
Request to switch funds out instantly The corporate will switch baht to buyer accounts linked to the corporate on 27-31 Could 2024.

And within the case of digital property The corporate is concerned in The minimal quantity of digital property that may be transferred from the account should be at a degree that’s not decrease than the payment. (fuel and processing prices) in transactions on the blockchain community

The case of Z-wallet

As a result of the SEC has at the moment introduced fees towards Mr. Ekalap Yimwilai, a former director and chief government officer. which is liable for the operations of Zipmex Co., Ltd. after discovering that The client’s digital property needs to be there. (as reported by the corporate) was transferred earlier than the client accepted the brand new Phrases and Situations Consideration of this offense At the moment, legal regulation enforcement is at the moment imposing the regulation Due to this fact, the injured individual can use that data to file a report or file a lawsuit. And you may ask for extra data at “Criticism and data middle” Telephone 1207 press 8

Supply: Workplace of the Securities and Alternate Fee (SEC)