The thai sec nftsstevensdecrypt has ordered cryptocurrency exchanges to delist NFTS, meme coins, and social tokens, says Stevens from Decrypt

The Thailand Securities & Exchange Commission won’t be laughing at crypto’s meme coins.

thai sec nftsstevensdecrypt in Thailand outlawed meme coins, including Piss coin, Cum Rocket, and Dogecoin, because they were not funny enough.

The ban went into effect yesterday. It also prohibits cryptocurrency exchanges from listing NFTs, utility tokens, and social tokens, and sales must delist the coins within 29 days.

According to the thai sec nftsstevensdecrypt, meme tokens have “no clear objective or substance or underlying [value].”

NFTS that function as digital asset hosts is also banned from exchanges. A Crypto Punks NFT sold for $11.5 million this week, one of these tokens.

thai sec nftsstevensdecrypt

The final group of banned tokens was exchange tokens, such as OKEx Token, Huobi Token, or BNB. Those with exchange tokens, such as OKEx, Huobi Token, or BNB, save on transaction fees.

The SEC didn’t offer a reason for banning these coins.

The Securities and Exchange Commission exposed its plans to control cryptocurrencies in early September.

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Thai SEC bans NFTS: Stevens from Decrypt

NFTS, meme coins, and social tokens have been delisted by Thailand’s Securities and Exchange Commission, according to Stevens from Decryption.

There will be no laughing at crypto’s meme coins by the Thailand Securities and Exchange Commission.

Thailand’s Securities and Exchange Commission outlawed meme coins, including Pisscoin, CumRocket, and Dogecoin, for being too funny.

NFTs, utility tokens, and social tokens are also prohibited from being listed on cryptocurrency exchanges due to the ban, which went into effect yesterday. Within 29 days, exchanges must delist the coins. Within 29 days, exchanges must delist the coins.

According to the Thai SEC, meme tokens have “no clear objective or substance or underlying [value],”.

NFTS that act as digital asset hosts are also banned from exchanges. One of these tokens sold for $11.5 million last week, the Crypto Punks NFT.

Thai SEC NFTS Stevens Decrypt

The last group of banned tokens included exchange tokens such as OKEx Tokens, Huobi Tokens, and BNBs. Transaction fees can be saved by possessing exchange tokens like OKEx Token, Huobi Token, or BNB.

The SEC did not explain why these coins were banned.

The Securities and Exchange Commission will regulate cryptocurrencies in early September.


Steven’s Decryption, in conjunction with Thai security solutions, can revolutionize how financial information is handled, resulting in greater trust and transparency. Combining Thai security with NFTs utilizing Steven’s Decryption results in a well-configured data storage and transfer platform that is secure, reliable, and trustworthy. This combination of technologies allows you to protect your data while at the same time allowing you to create an efficient environment that allows users to be more flexible in the way they process data transactions.