The Thai Securities and Exchange Commission has just boldly declared a "ban" on Bybit, 1000X, CoinEx, OKX, and XT.COM starting from June 28! 😱

The Thai government is taking serious action, no longer allowing these major crypto exchanges to operate freely. The reason sounds quite "serious": combating money laundering and blocking non-transparent financial activities.

To be clear, those of you trading on these exchanges in Thailand should prepare to... change places, because the gateway is about to close!

Crypto without regulations can easily become chaotic, so Thailand is determined to clean up, both strict and resolute. Anyone still using the aforementioned exchanges should quickly reassess their strategy! 💥🚫