On 15 August 2023, the SEC Board Meeting No. 13/2566 passed a resolution approving the principles for amending the Emergency Decree on Digital Asset Businesses to ensure that the supervision of
enhance client asset protection in line with international standards. The revision would allow the companies to manage client assets by (1) depositing or investing in certificates of deposits (CDs) issued
or documents, limited to what is necessary and within an appropriate timeframe, to enable the SEC to fulfill its legal duties for the public interest or investor protection; (2) To
assets, technology should be optimized for innovation as well as investor protection. Promoting high-quality digital asset business operators should be a priority with close collaboration between the
characteristics as specified; and (2) a person who is a director or a person with the controlling power of a juristic person with the duty of asset custody or protection of customers’ interest in securities
a policy to promote the development of digital asset businesses alongside consumer protection and places emphasis on utilizing digital assets to develop the country’s economy and society. After
, environment, life safety and asset protection; (c) distributing products or providing services to the state entirely; (d) selling products or providing services, either entirely or partially, to a private
infrastructure business operators; (b) being an infrastructure business whose operation generates benefits to the general public indirectly in the areas of health, environment, life safety and asset protection; (c
financial institutions (4) Risk supervision and consumer protection (5) Lending prohibitions (6) Asset classification and provisioning (7) Asset management and maintenance of reserve requirement (8