” as a new digital asset business and to introduce measures to prevent misuse of digital assets as a tool to commit crime Currently, there are no licensing regulation for digital asset custodial wallet
business and to introduce measures to prevent misuse of digital assets as a tool to commit crime Currently, there are no licensing regulation for digital asset custodial wallet providers in Thailand. Thus, a
SECstatementEN-160124.pdf Digital Asset Businesses B.E. 2561, which aims to ensure investor protection and maintain fair and transparent trading activities, investors in Thailand can invest in digital assets
, challenges and opportunities from the technological advancement, as well as how to protect investors and create a fair and efficient capital market. 2. Rebuilding the Future of Finance: Digital Assets
have expressed interest and discussed with SEC the possibility of offering the services. These securities firms can provide advice on attractive digital assets for investment to customers and invest
Customer (KYC), fit and proper personnel, standard sales process, management of customers’ digital assets and related data, and capital adequacy. There are also new provisions about the accountability of the
in investments without active involvement in management. This includes investments in securities, derivatives or digital assets at a collective total exceeding 40 percent of the total assets as per the
allow digital asset fund managers to apply for a quota to execute foreign exchange transactions with financial institutions in Thailand regarding purchases of digital assets overseas and payments for
investors in Thailand via social media to trade digital assets by linking investor trading activities with another foreign digital asset trading platform and allowing payment for the transactions made in Thai