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THAILAND TO BLOCK ACCESS TO BYBIT, OKX, COINEX, 1000X, AND XT STARTING JUNE 28 - Thailand’s Securities and Exchange Commission (SEC) has announced that five major crypto exchanges, Bybit, OKX, CoinEx, 1000X, and XT[.]com, will be blocked from operating in the country beginning https://t.co/eVKqCotiTL https://t.co/XVvukXEop5
🚨 Thailand SEC will block five crypto exchanges, including Bybit, OKX, 1000X, CoinEx, and https://t.co/RmlmCFdEMP, from operating in the country effective June 28 https://t.co/lQEmSgJ3RJ
Thailand files charges against, and orders the blocking of crypto exchanges Bybit, CoinEx, OKX, 1000X, and https://t.co/RMV6Gzr9ES from June 28 for operating without a license (@thesamreynolds / CoinDesk) https://t.co/G56q4n0RDn https://t.co/NOw4XIRvBM https://t.co/ZOzeer2dpR
Thailand's Securities and Exchange Commission (SEC) has announced that five major cryptocurrency exchanges—Bybit, OKX, CoinEx, 1000X, and XT.com—will be banned from operating in the country starting June 28, 2025. The SEC cited unauthorized provision of services to local users, legal violations, and concerns over suspected money laundering activities as reasons for the ban. The Ministry of Digital Economy and Society will implement network blocks to protect investors and prevent illicit activities. Additionally, the Ministry noted that some of these platforms contained content related to online gambling and pornography, further justifying the blocking measures. Investors have been urged to withdraw their funds ahead of the enforcement date.
