Thailand SEC Cracks Down: Bybit, OKX, CoinEx and Two Others Face Blockade
Regulators flip the kill switch on five crypto platforms—because nothing says ’financial security’ like blanket bans.
Thailand’s Securities and Exchange Commission just went full bouncer-mode, barring Bybit, OKX, CoinEx and two unnamed exchanges from operating in the kingdom. No warnings, no grace periods—just a regulatory hammer drop.
Local traders scrambling to move funds? Classic. Another day, another government treating crypto like a rogue AI rather than the $2.3 trillion asset class it is. Maybe next they’ll ’protect’ investors by banning the internet.
