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Thai crypto exchange Bitkub shuts down new signups after SEC order
Thailand’s securities controller has requested the country’s biggest crypto trader to end enlistments following a progression of blackouts in January. Bitkub’s digital money trade will currently have to address five key regions as laid out by the guard dog, including incorporating a framework that is more qualified to dealing with spikes in exchanging volume.
The Securities and Exchange Commission (SEC) sent the notification to Bitkub fortnight prior after three blackouts in January. With the expenses of most advanced monetary standards doping up, exchanging volume flooded fivefold. The flood overpowered Bitkub’s framework, bringing about the blackouts.
The SEC sent the notification to the trade, requesting it to fix the issues or face administrative activities. since the Bangkok Post announced at that point, the trade briefly suspended its administrations to fix these issues….
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