Thai Authorities to Block "Unauthorized" Crypto Platforms

Thai authorities have announced plans to block crypto platforms that they deem "unauthorized". The specific entities that are considered unauthorized have not been named, but users have been advised to withdraw their assets quickly. The move is aimed at increasing the efficiency of law enforcement in tackling online crime. The Securities and Exchange Commission has been tasked with submitting information on unauthorized digital asset service providers to the Ministry of Digital Economy and Society to block access to these platforms.