The United States Embassy to Thailand, led by a diplomatic delegation, met with executives from the Thai Securities and Exchange Commission (SEC) to discuss business opportunities in Thailand’s capital market. Representatives from digital asset businesses in the United States also joined the discussion. The SEC representatives shared the SEC’s roles and strategic priorities in driving the Thai capital market, particularly regarding the development and regulation of digital assets. The two partie...

OKX’s visibility and attracted more users to its services. As a result, their conduct constitutes assisting or facilitating OKX in operating a digital asset exchange without license, in violation of

According to the SEC’s findings, XT .COM has provided a digital asset trading system to facilitate trading and exchange of digital assets while charging fees. Additionally, it has promoted and solicited users in Thailand to use XT .COM’s services through Thai-language social media, i.e., Facebook, Telegram and YouTube, and has set up XT .COM booth at events held in Thailand. The XT .COM’s activities are liable to be an operation of digital asset exchange business under Section 3 of th...

such action. Athit’s acts are liable to operating securities business without license in contravention of Section 90, which is subject to the penalties under Section 289 of the Securities and Exchange

committing fraud, misappropriating the company's assets and falsifying accounting records by executing concealed transactions through several associated companies abroad to exaggerate the company's operating

misconduct of MRC - BIZ is liable to offering for sale of digital tokens and operating digital asset exchange without license, which is a legal offense under Section 17 and Section 26 subject to the

derivatives business operators concerning the standards of business conduct, management structure, operating system and services they provide.In this connection, the SEC will revise the rules governing

The SEC found that Bitazza, a licensed digital asset business operator in the category of digital asset broker, provided the service called Crypto Dust to the public by exchanging digital assets with Bitazza itself in the normal course of business and charging fees. In addition, Bitazza and FreedomVerse jointly provided the product called Freedom Card, which involved purchasing digital assets in exchange for cash and crediting such cash to the Freedom Card, with fees charged. Furthermore...