The license was granted to the crypto exchange by Thailand’s Ministry of Finance as well as the Securities and Exchange Commission (SEC). Zipmex today, is one of the biggest digital asset exchanges in the entire Asia Pacific region. A Cryptopolitan report has it that within 30 days of its launch in Indonesia, the platform had pulled in trades of sixty-seven billion Indonesian Rupiah, which is over 4.9 million USD.
In November 2019, Kryptomoney reported that Thailand’s SEC was working hard to change its royal decree on the crypto industry. The government was noted to be very pressed on encouraging the growth and development of the sector.