Following the announcement of BX (which formerly operated in digital asset exchange business) that its business operations will completely shut down on 3 April 2020 which means it will stop servicing clients who want to reclaim their assets and will lay off all employees,SEC found out that clients’ digital assets which remained under control or in possession of BX were transferred thereafter to other out-of-control wallets without client’ instructions. That actions incurred losses to other...
The allegation is a consequence of various complaints lodged to the SEC in relation to the increased debt of THB 26,000 million of EARTH following its submission of the financial statement for the first quarter of 2017. The increased debt resulted in a decrease of the shareholders’ equity of THB 10,349 million to become minus THB 15,651 million. In addition, in July 2017 the Board of Directors had resolved to approve that EARTH underwent a business rehabilitation process. The SEC, the...
November in Singapore. The SEC engaged in various meetings and seminars, including discussions with representatives from the Monetary Authority of Singapore (MAS) to exchange knowledge, experiences, and
, focused on discussions under the theme, “Expanding Funding Opportunities for Artists through Copyright Valuation and Converting Copyrights into Digital Assets,” to promote Initial Coin Offering (ICO) in the
The Securities and Exchange Commission (SEC), led by Mrs. Pornanong Budsaratragoon, Secretary-General, along with SEC executives, held discussions with the Association of Thai Securities Companies
members (consisting of executives and representatives from 38 securities firms) held discussions and shared views regarding operations that may affect trust and confidence in the Thai capital market such as
channels available to Thai investors, and the enhancement of ESG sustainable practices in alignment with International Sustainability Standards Board (ISSB) standards. The discussions aimed to support the
the Asian Development Bank (ADB). During the discussions, Ms. Butree highlighted the SEC's roles as a regulator with internationally benchmarked frameworks for overseeing and developing digital assets
Chairman Chanin Vongkusolkit and TLCA members, to discuss strategies for the development and promotion of supervision over listed companies. The discussions covered measures to prevent adverse behaviors
by Mr. Sopnendu Mohanty, Chief FinTech Officer, to discuss and exchange views on FinTech developments and key digital infrastructure. The discussions focused on promoting asset tokenization, securities