a person has committed a legal offense involves the investigative powers of the inquiry officer, the decision to prosecute by public prosecutors, and ultimately the judicial discretion of the court in
arranging a trading system to facilitate digital asset trading with a fee collected at the rate of 0.1 percent of the customer’s trading value, had solicitation and advertisement in the Thai language to
operating digital asset business under Section 3 of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018) without license in contravention of Section 26, subject to penalties under Section 66 of
In October 2024, the SEC Board approved a public hearing on the proposed principles for amending the Notification of the Ministry of Finance regarding Digital Asset Business Licensing B.E. 2561
Division of the Royal Thai Police (ECD) for jointly operating the digital asset dealer business without license in violation of Section 26 and subject to the penalties under Section 66 of the Emergency
wallet provider, and other rules related to the digital asset business operations. The main objectives of the proposed amendments were to build an adequate and appropriate investor protection mechanisms in
importance of human rights protection in business operation, and to encourage suitable application of the globally recognized UNGPs for businesses of different nature to achieve sustainable development while
fundraising and without the expectations of scheme success or the consideration of the qualifications of the person responsible for the operation of the scheme. In this regard, the issuance and offering of
unlawful gains for himself or another person and causes damage to Solaris Asset Management Co., Ltd. and undermined investor confidence in the fairness and integrity of capital markets, which constitutes
Advisor” and “Digital Asset Fund Manager” shall be two new types of digital asset business subject to SEC’s supervision. Therefore, any person who wants to conduct any of these new businesses is required to