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🚨NEW: Thailand’s SEC is cracking down on unlicensed crypto platforms. In a notice today, the regulator said it will block access to @Bybit_Official, @OKX, @coinexcom, @1000X_Official, and @XTexchange on June 28 for operating without a license. Legal action is also being https://t.co/DhNUyeoP2F
The Thailand SEC announced that it will block cryptocurrency exchanges Bybit, 1000X, CoinEx, OKX and XT platforms on June 28, 2025, and initiate legal proceedings against them for being unlicensed digital asset business operators. https://t.co/VeOM7onr3M
Bybit earns MiCA license as hackers keep $644M from its $1.4B exploit out of reach https://t.co/JgskTU7BXT https://t.co/tJ7ttGidaG
Bybit, a major cryptocurrency exchange, has been granted a Markets in Crypto-Assets (MiCA) license by Austria's Financial Market Authority (FMA), making it one of the first exchanges to comply with the European Union's new MiCA regulatory framework that came into effect in early 2025. Bybit has established its headquarters in Vienna as part of this regulatory compliance. This development comes amid ongoing challenges for the exchange, including a $1.4 billion exploit from which hackers have kept $644 million out of reach. Meanwhile, the Thailand Securities and Exchange Commission (SEC) announced it will block access to Bybit and other unlicensed crypto platforms, including 1000X, CoinEx, OKX, and XT Exchange, starting June 28, 2025, and will initiate legal proceedings against them for operating without licenses.
