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Thailand: Crypto buyers pummelled amid global crisis

The number of Thai cryptocurrency trading accounts has fallen by 67% since January, according to the Securities and Exchange Commission (SEC). The sharp decline in active trading accounts, from 707,000 last December to 230,000 on July 25, stemmed from poor market sentiment resulting from macroeconomic policies, including interest rate increases, quantitative tightening, and economic slowdown. […]

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