application for approval of the BSmart ICO has been submitted, nor an approval has been granted by the SEC for such digital token offering. The investing public is strongly advised to be careful with the
royal decree on digital asset businesses took effect since 14 May 2018. Offering or persuading to invest in digital assets are allowed after receiving SEC approval. So far, there has not yet been any
enactment of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), which requires that digital token issuers and digital asset business operators shall obtain approval and/or proper licenses
Earlier in March, the SEC Board passed a resolution approving in principle the establishment of the Digital Asset Regulatory Sandbox. Later in May, the SEC conducted a public hearing on this matter
have been neither filed for approval nor existed on the list of SEC-approved digital assets. Therefore, investors are advised to be careful when receiving information or solicitation to invest in such
According to the Ministerial Regulation Re: Granting of Approval for Undertaking Digital Asset Business (No. 2) B.E. 2563 (2020), which became effective on 27 November 2020, “Digital Asset Investment
: Granting of Approval for Undertaking Digital Asset Business (No. 2) B.E. 2563 (2020): https://capital.sec.or.th/webapp/nrs/data/8729s.pdf- Information for digital asset fund managers and digital asset
digital assets would be required to include information disclosure through registration with the SEC Office instead of applying for approval. In addition, the requirement for digital asset offering via
approval from the SEC before proceeding in order for the SEC’s efficient monitoring of digital asset business operations; (4) Improvement of Service Standards: Prohibiting digital asset business