Thailand Goes Ballistic on Crypto Ads After Zipmex Disaster
Thailand has enforced stricter guidelines on advertisements by crypto companies that operate in the country. The move aims to protect the interests of its citizens considered retail investors. Some suspect that the country started to take drastic action after local crypto exchange Zipmex halted withdrawals. Thailand has tightened its stance against advertisements related to cryptocurrency trading or investing, given the ongoing volatility in the crypto market. According to a Bloomberg article, the country aims to protect the interests of its citizens interested in investing in crypto. In detail, Thailand now demands cryptocurrency-related companies that operate in the country to indicate
