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  2. NFTs - Non-Fungible Tokens
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  4. Thailand’s SEC Has Banned NFTs And Meme-Based Tokens

Thailand’s SEC Has Banned NFTs And Meme-Based Tokens

ErikVoorhees
2022-10-21 09:37:15

Thailand’s SEC Has Banned NFTs And Meme-Based Tokens

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ErikVoorhees
2022-10-21 09:43:53

In a Friday announcement from the Thai SEC, the regulatory body said that Secretary-General Ruenvadee Suwanmongkol had approved crypto exchange guidelines, Notification 18/2564 on “Rules, Conditions and Procedures for Undertaking Digital Asset Business,” on Wednesday to go into effect. The new rules ban Thai exchanges from handling meme-based tokens, fan-based tokens, nonfungible tokens (NFTs) and exchange-issued tokens.