The crypto community disagrees with the Securities and Exchange Commission's (SEC) proposed adoption of price ceiling and floor rules to curb price volatility because it is against a price mechanism, but says it supports the regulator's enforcement of punishment for price manipulators.
SCBS holds 7th SCBS IWP to help the new generation of investors grab future wealth thaipr.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thaipr.net Daily Mail and Mail on Sunday newspapers.
Agency warns investors of DeFi risks, legal situation
published : 13 Jul 2021 at 04:00 These GEN token holders have traced data on the blockchain and found the owners of some token wallets were exempt from a trading tax while others were not.
The Thai Digital Asset Association warned investors about the risks of investing in DeFi and clarified that the association cannot serve as an intermediary in a legal dispute after Genesis, a decentralised platform (DeFi) platform, claimed the association will act as an intermediary for the indemnification for any damage caused by fraud.
The statement was released yesterday after information regarding the conversation of the owner of Genesis appeared in a Telegram chatroom, claiming he would contact the association to serve as an intermediary for the indemnification of all damages.
Thai regulator wants to cushion digital currency investors against losses coingeek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coingeek.com Daily Mail and Mail on Sunday newspapers.
SEC schedules hearing for cryptocurrency trading
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Move to assess risk tolerance of investors
published : 15 Feb 2021 at 04:30
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The Securities and Exchange Commission (SEC) is conducting a public hearing this month to determine qualifications for investors wanting to open a cryptocurrency trading account.
New investors are flocking to the cryptocurrency market, says SEC secretary-general Ruenvadee Suwanmongkol.
The qualifications for cryptocurrency traders are to ensure new retail investors opening crypto trading accounts have sufficient financial buffers to absorb risk from volatile price swings.
The SEC s concerns over investors financial safety rose following the surge in cryptocurrency prices during the past few months and the rapid increase in the number of new accounts on local digital exchanges and intermediaries.