Thailand proposes tighter scrutiny of funders behind crypto firms
Burns Brief
Thailand’s SEC proposes tightening funding rules for cryptocurrency companies to include anyone backing major shareholders, directly or indirectly Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
Thailand’s SEC proposes tightening funding rules for cryptocurrency companies to include anyone backing major shareholders, directly or indirectly.
Key Takeaways
- Thailand’s SEC proposes tightening funding rules for cryptocurrency companies to include anyone backing major shareholders, directly or indirectly