SEC orders Zipmex to open trading according to trading rules -deposit/withdraw digital assets

as it appears Zipmex has not yet opened digital assets trading in accordance with the rules, conditions and methods of trading digital assets (Trading rules). of the Company as approved by the Securities and Exchange Commission (SEC) includingNot allowing customers to deposit/withdraw all digital assets in Trade Wallet.which such actions may cause damage to the people

The SEC, at its meeting No. 9/2522 on July 25, 2022, has considered, by virtue of Section 35, paragraph one of the Royal Decree on Digital Asset Business B.E.order the company to open trading according to the trading rules of companies approved by the SEC including allowing customers to deposit/withdraw digital assetscan

by using standard or professional care in order to increase the protection ofcustomer property and for the benefit of using the services of clients in trading or deposit/withdraw digital assets

In the meantime for the company to considerAcquiring new customers to be suitable and sufficient taking into account the nature, size, quantity, complexity and variety of businesses and services as well as risks related to such business and services as well asThe time limit for the company to complete the process within 3 days from the date the SEC Office notifies the SEC’s order in writing.

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