Thailand’s new Emergency Decree on technological crime imposes shared liability on financial institutions, digital asset operators, and related service providers for fraud losses, unless they meet regulatory standards. In response, the SEC has issued new requirements targeting mule accounts used in illicit transactions, requiring enhanced due diligence and account controls. Digital asset operators must strengthen onboarding, monitor transactions more closely, and suspend suspicious accounts to ensure compliance. For a more detailed analysis, click here.
Latest Posts
- Thailand’s SEC Sets New Standards to Combat Mule Accounts in Digital Asset Businesses
- Crypto Week Was More than the GENIUS Act: What the CLARITY Act and Anti-CBDC Surveillance State Act Mean for the Future of Digital Assets
- Illinois Enacts Crypto Consumer Protection Laws
- The Rise and Fall of Do Kwon and the UST Stablecoin: From Crypto Visionary to Convicted Fraudster
- NFTs, Trademarks, and the Ninth Circuit: A Pivotal Decision in Yuga Labs Inc. v. Ryder Ripps
- The GENIUS Act — A New U.S. Federal Framework for Stablecoin Issuers, Custodians and Banks
- Digital Asset and Blockchain Industry Implications of the One Big, Beautiful Bill Act and Other Emerging Federal Legislation
- New Zealand Bans Crypto ATMs: What Are Other Countries Doing?
Recent
The week of July 14 to 18, 2025 marked a historic moment for the U.S. cryptocurrency industry, as…
On August 18, 2025, Illinois Governor JB Pritzker signed two bills that created, in his words, first-of-their-kind safeguards…
For a time, Do Kwon was hailed as a visionary, a “cryptocurrency king” building a decentralized financial utopia.…
On July 23, 2025, the Ninth Circuit Court of Appeals issued a pivotal decision in Yuga Labs Inc.…
On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for US Stablecoins…
On July 4, 2025, the One Big, Beautiful Bill Act (the “Act”) was signed into law, making important…