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Wednesday, April 30, 2025

Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News - Cryptonews

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Regulation news
Thailand's Securities and Exchange Commission (SEC) has banned crypto companies from offering staking and lending services. According to a press release, the decision to ban "depository services", which includes paying returns to depositors, was made to protect traders from the risks associated with crypto lenders.
SBI Digital Markets, a subsidiary of the digital asset arm of Japan's financial services giant SBI Holdings, has been granted a Capital Markets Services (CMS) license to offer securities and futures trading services in Singapore, per an announcement. It plans to launch an institutional-grade digital asset securities platform that would allow traditional financial service operators to "capture growth opportunities" driven by the cryptoasset market.
Legal news
The Beijing Number One Intermediate...



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