Thai SEC Warns Crypto Exchanges Against Deceptive Ads

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The SEC of Thailand has issued a reminder to all cryptocurrency exchanges operating in the country to ensure compliance with advertising standards.

This concerns the offering of special privileges to registered users, which can potentially push customers into using the services or investing in digital assets.

The regulator stressed the importance of advertisements being honest and not misleading, as per the rules set by the country.

The SEC also emphasized the need for disclaimers to be included in all promotions and urged against attracting new users through special promotions, citing the risks involved in investing in cryptocurrencies.