Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities

Bitcoin.com | Sep 17, 2022 at 8:30 AM
  • The first is a proposal to prohibit businesses from crypto staking and lending activities.
  • The regulator detailed that under this proposal, businesses cannot accept “deposits of digital assets from the customers and lend, invest, stake or employ such digital assets”.
  • Crypto firms also cannot accept “deposit of digital assets from the customers and pay the customers regular interests or other types of benefits from their own source of fund”.