Thailand's SEC (ก.ล.ต.) has filed charges against six individuals/entities—including developers of crypto platforms Holdstation and UNO (Mr. Hoai Nam, Trung Banh, Trung Huynh, John Palmer, Tools for Humanity Corp, and CEO Alex Blania)—for operating unauthorized digital asset trading services. Both platforms will be blocked by the Ministry of Digital Economy effective October 1, 2025. Users must withdraw assets before the cutoff to avoid loss of access. This enforces strict compliance standards for crypto brokers in Thailand.
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