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🛑 **Thailand Cracks Down on Unauthorized Cryptocurrency Platforms!** 🔒 Thai authorities have announced plans to block unauthorized crypto platforms to bolster law enforcement efforts against cybercrime. 📰 Following a meeting of the Technical Crime Prevention and Suppression Committee, the Securities Exchange Commission (SEC) of Thailand was tasked with identifying and submitting information on unauthorized digital asset service providers to the Ministry of Digital Economy and Society for blocking. ⚠️ The announcement ensures users have time to manage their accounts before services are inaccessible. The SEC urges users to withdraw their assets promptly from affected platforms. 🚨 Stay Informed and Take Action to Safeguard Your Crypto Assets! #ThailandCryptoMarket #Memecoins #Regulation #bitcoinhalving

🛑 **Thailand Cracks Down on Unauthorized Cryptocurrency Platforms!**

🔒 Thai authorities have announced plans to block unauthorized crypto platforms to bolster law enforcement efforts against cybercrime.

📰 Following a meeting of the Technical Crime Prevention and Suppression Committee, the Securities Exchange Commission (SEC) of Thailand was tasked with identifying and submitting information on unauthorized digital asset service providers to the Ministry of Digital Economy and Society for blocking.

⚠️ The announcement ensures users have time to manage their accounts before services are inaccessible. The SEC urges users to withdraw their assets promptly from affected platforms.

🚨 Stay Informed and Take Action to Safeguard Your Crypto Assets!

#ThailandCryptoMarket #Memecoins #Regulation #bitcoinhalving

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Binance Updates Its Managed Sub-Account (MSA) Functionality Fellow Binancians, At Binance, we value user feedback and continuously refine our offerings to enhance your experience. We're excited to announce updates to the Managed Sub-Account (MSA) structure, including changes to the fee system, effective from 2024-07-01 00:00 (UTC). 🔑 **Key Highlights:** - **Exclusion from Rebates and Discounts:** MSAs will no longer receive liquidity provider program rebates or taker program discounts. - **New MSA Fee:** A fee will be applied based on the monthly average asset balance of each MSA and the total trading volume of all MSAs under the trading team. 📉 **Liquidity Provider Program Restrictions:** - **No Rebates for MSAs:** MSAs are not eligible for rebates, regardless of the master account’s program tier. - **Maker Fee Adjustments:** For eligible trading teams, MSA’s maker fee will be 0. - **Volume Counting:** MSA trading volume counts towards the master account’s liquidity provider volume requirements. - **Applicable Markets:** Spot, Fiat, USDⓈ-Margined Futures, and COIN-Margined Futures. 📉 **Taker Program Restrictions:** - **No Taker Discounts:** USDⓈ-Margined Futures Taker Program discounts won't apply to MSAs. - **Volume Contributions:** MSA taker volume contributes to the taker program requirements. 💰 **Managed Sub-Account Fees:** 1. **Account Maintenance Fee:** - **Fixed Fee:** 500 USDT per MSA. - **Applicability:** MSAs with a monthly average asset balance below 100,000 USD equivalent. 2. **Trading Fee:** - **VIP Tier Based:** Applicable if the trading team’s VIP level is between VIP 7-9 and higher than the investor VIP level. - **Calculation:** Daily fees accumulated and charged monthly. - **Fee Rates:** - **Spot Maker/Taker:** 0.002% - **Futures Maker/Taker:** 0.001% - **Waivers:** MSA trading maker fee waived for markets qualified under liquidity provider programs. #TopCoinsJune2024 #altcoins #BTC
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