licenses under the law are allowed to provide services related to digital asset trading, exchange, depository, transfer, withdrawal or any transactions related to digital assets in Thailand. Violators or
percent of the NAV at daily closing. This liquidity boosting option is valid until 30 April 2020, as part of the key measures to help asset management companies manage the assets under management more
Having noticed that some digital asset business operators open trading accounts for minors, on 8 January 2022 the SEC disseminated the circular clarifying the guidelines for providing digital asset
provide services related to digital asset trading, exchange, depository, transfer, withdrawal or any transactions related to digital assets. Violators may be liable to penalties under the law. The list of
Presently, supervising “digital asset businesses” under the royal decree on digital asset businesses, B.E. 2561 cover three business groups: digital asset exchange; digital asset broker; and
In pursuant to the Royal Decree on Digital Asset Businesses, B.E. 2561, which took effect on 14 May 2018, allows existing digital asset business operators who submit their requests to SEC within 90
authorized directors and managers: Requiring DA operators to appoint a person with at least one year of experience in digital assets or completes the SEC-recognized digital asset course to be the authorized
applying for a digital asset exchange licence.? The applicants failed to meet the approval criteria regarding important work systems. For example, the systems for custody of client assets and Know Your
unlicensed digital asset service providers with the DE. This aims to block access to these platforms, strengthen law enforcement, and prevent scammers from using such platforms to launder unlawfully
digital asset business operators. Essentially, the proposed amendment would allow digital asset fund managers to apply for a quota to execute foreign exchange transactions with financial institutions in