Thai Crypto Scene Still Reeling From Top Exchange Bailout

News BTC | Sep 17, 2019 at 5:00 AM
  • Thailand’s vibrant digital asset scene was shaken earlier this month when its most popular exchange unexpectedly announced an imminent closure.
  • The only explanation BX Thailand gave to its large customer base was that it wanted to ‘focus on other business opportunities’.
  • Specifically, an unfeasible level of daily transaction reporting required by regulators.