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Thailand's Securities and Exchange Commission (SEC) has filed a criminal complaint against Aux Cayes FinTech, the operator of the cryptocurrency exchange OKX, along with nine individuals. The complaint alleges that they offered crypto trading services without the necessary license, thereby violating the 2018 Digital Asset Business Decree. OKX has reportedly been serving Thai users since 2021. Meanwhile, in South Korea, the number of users on virtual asset exchanges has reached 16.29 million as of February 2025, which accounts for approximately 32% of the population. This figure surpasses the 14.1 million individuals participating in the stock market, highlighting a growing trend in cryptocurrency adoption in the region.
South Korea sees crypto investors top 16 million: report Crypto investors in South Korea reached 16.29 million as of February, according to data submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party
Asia's weekly TOP10 crypto news (Mar 24 to Mar 30) The Total Number of Users of South Korean Crypto Exchanges Surpassing That of Stock Investors, The SEC of Thailand Sues OKX, Upbit’s Parent Company Dunamu Achieves an Annual Operating Profit of 1.18 Trillion South Korean Won in
Thailand's SEC has filed a criminal complaint against OKX and nine individuals for allegedly operating an unlicensed digital asset exchange! The platform is accused of offering trading services without the necessary licensing, violating the 2018 Emergency Decree. ⚖️💱 OKX