Tag "Zipmex"
Thailand’s SEC Proposes to Revoke Crypto Exchange Zipmex’s License
The Securities and Exchange Commission Board (SEC Board) of Thailand has recommended the Minister of Finance to consider the revocation of the digital asset business license of crypto exchange Zipmex. This recommendation comes after a thorough evaluation of Zipmex’s operations,
Read More
Zipmex Halts Trading in Thailand Amidst SEC Probe
Cryptocurrency exchange Zipmex has initiated a temporary suspension in the trading and depositing of all types of assets from 25 November 2023, at 1:00 PM following a probe by the Thailand’s Securities and Exchange Commission (SEC). During the suspension period,
Read More
Zipmex Allows for Altcoin Withdrawals, Sheds Light on Babel Situation
Singapore-based cryptocurrency exchange Zipmex announced that it will release unaffected digital assets Cardano’s ADA, Solana (SOL) and Ripple’s XRP into its users’ Trade Wallet from 2 August onwards. Tokens in Z Wallet will be debited and the corresponding amount will
Read More
Zipmex Files Moratoria for All Its Entities to Buy Time for Debt Restructuring
Singapore-based cryptocurrency exchange Zipmex announced that it has filed for for moratoria for all its entities under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 to buy some time to restructure its debts. The entities that have sought
Read More
Zipmex Resumes Withdrawals, Writes off Celsius’ US$5 Million Loan
Singapore-based cryptocurrency exchange Zipmex announced that it will resume trade wallet withdrawals for its global and Singapore users. The firm added that it is working on reenabling the withdrawal functionality to all users who have assets in their Z-wallet (subscribers
Read More
Singapore-Based Crypto Exchange Zipmex Halts Withdrawals Due to Market Conditions
Singapore-based cryptocurrency exchange Zipmex announced that it will be pausing withdrawals on its platform until further notice. Zipmex, which operates in Singapore, Australia, Indonesia, and Thailand, has joined the likes of Vauld to halt withdrawals during this crypto downturn. On
Read More
Digital Assets Platform Zipmex Raises US$41 Million Led by Bank of Ayudha’s VC Arm
Zipmex, a Singaporean digital assets platform, has raised US$41 million in its Series B funding round where Bank of Ayudhya’s venture capital arm Krungsri Finnovate was a lead investor. The fundraise was also joined by Plan B Media Public Company
Read More