Thailand’s SEC Has Banned NFTs And Meme-Based Tokens

Local exchanges now have until July 11 to update their rules for listing tokens in order to be in compliance with SEC guidelines. Thailand’s Securities and Exchange Commission has approved guidelines prohibiting crypto exchanges in the country from supporting four different types of tokens in certain cases.In a Friday announcement from the Thai SEC, the regulatory body said that Secretary-General Ruenvadee Suwanmongkol had approved crypto exchange guidelines, Notification 18/2564 on “Rules, Conditions and Procedures for Undertaking Digital Asset Business,” on Wednesday to go into effect.....

Splinterlands, a blockchain-based NFT trading card game, has been permanently banned from Twitter after tweeting using its account since 2018, despite Twitter’s refusal to react to pleas. Splinterlands Suspension Coincided With Twitter’s Own NFTs Being Revealed While the buzz surrounding non-fungible tokens (NFTs) has subsided, there is still plenty of debate in the area. The […]

Dogecoin has somehow become the face of crypto, popular among mainstream stock investors, celebrities, and even outspoken CEOs. As the industry mascot so to speak, it also has the gains to back up the FOMO surrounding the trending “meme” coin. At the same time, the popularity has caused an explosion of hilarious meme-based NFTs to […]

Nonfungible tokens present a new way of interacting with the arts, music, sports and the media — and even more. It’s fun to talk about nonfungible tokens, or NFTs, because they are the perfect example of how the impact of blockchain technology in people’s lives goes way beyond the financial market. As we could see in hundreds of headlines in the past few months, they have gripped the world’s attention because they are a new manner of interacting with culture, music, sports and the media.This article will clarify what NFTs are, how they work, how the NFT boom started, and why blockchain....

The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week. Tesla Acceptance Pushes Dogecoin Up 20% This Week, Shiba Inu Gains Over 7% After the electric car company, Tesla announced the firm would be accepting dogecoin (DOGE) payments, the meme crypto spiked in value almost immediately. At the time of writing,....