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Regulation

Thailand Orders Bitget to Stop Serving Thai Users by December 5

(3 hours ago) · 1 source · Summarized by CryptoBipto

Thailand's Securities and Exchange Commission (SEC) has ordered cryptocurrency exchange Bitget to cease operations in the country. Thai users of the platform have been given until December 5 to withdraw their funds and close their accounts.

WHY IT MATTERS

When a country's financial regulator tells a crypto exchange to stop operating there, it means people in that country can no longer legally use that platform.

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SOURCES

  • cryptoslate.com

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