Thailand Issue Outright Ban on NFTs and Meme Coins Amid Crypto Crackdown

Thailand Issue Outright Ban on NFTs and Meme Coins Amid Crypto Crackdown

“In a major crackdown on the new-age cryptocurrencies, the Thai Securities and Exchange Commission (SEC) has banned all local exchanges from trading exchange-issued tokens, meme coins, fan-based tokens, and other non-fungible tokens (NFTs). The regulatory action basically targets mem coins like Dogecoin (DOGE) which started as a joke cryptocurrency and has recently driven major frenzy
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Source: Coingape

China has made its move, the ball is now in America’s court

“In the light of China declaring all crypto transactions illegal, both memes and FUD flew around the market. Meanwhile, experts and analysts shared their takes on the development. On 25 September, Real Vision journalist Ash Bennington spoke to investment strategist and Real Vision CEO Raoul Pal to understand the significance