Thai cryptocurrency exchange Bitkub Online announced the suspension of new client registration on Friday following an order from the Securities and Exchange Commission (SEC) asking the company to halt accepting new clients until the company proves its platform is able to effectively accommodate trading activities of its existing customers.
Last month Bitkub temporarily shut down its trading platform to fix issues with the system, following the SEC’s order after the platform crashed three times due to spikes in activity.
However, even after the system maintenance, the SEC still found Bitkub’s trading system insufficient to accommodate the…
