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Thai Regulators Monitor Binance Cyber Incident

Prachachat Business One source

Thailand's SEC is monitoring a cyber incident involving Binance, while local firms ZIGA and BTC assess their asset security.

The Securities and Exchange Commission (SEC) of Thailand is closely monitoring a reported cyber incident involving the international operations of Binance. According to reports from Prachachat Business, the regulator has stated that there is currently no evidence of significant impact on the assets of Thai customers. In response to the situation, the local company ZIGA has issued a statement confirming that its Bitcoin holdings remain secure and intact. Meanwhile, BTC is conducting an urgent review of its asset status, specifically focusing on the ability to process withdrawals and transfers following reports of irregular transactions originating from a hot wallet. For residents and investors in Thailand, this situation highlights the importance of monitoring official updates regarding digital asset security. While local firms have provided initial assurances, the full extent of the international incident and its potential indirect effects on the broader digital asset ecosystem remain to be confirmed. Investors are advised to stay informed through official SEC channels and their respective service providers as investigations continue.