Thailand has mandated a trading risk disclaimer that must be clearly visible to the customers.

Regulators globally are taking such steps to avoid a situation similar to the FTX collapse.

Thailand has announced a ban on crypto exchanges in the country from providing lending services. The Thai regulator – Securities and Exchange Commission (SEC) – made the announcement on 3 July.

The ban applies to all the “depository services that offer returns to depositors and lenders.” Therefore, it expressly restricts crypto exchanges from offering both lending and staking services.

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