The BOT and the SEC previously discussed and reviewed the benefits and risks of digital assets and deemed it necessary to regulate and control the use of digital assets as a means of payment for
Currently, investors are usually required to provide a lot of information each time they request services from an intermediary and must repeat the process via different forms when using services of
investment or have had enough money for long term. Therefore, SEC has gone ahead with the main strategic plan this year, promoting qualified wealth advisors easily accessible by people to use fintech as the
plain vanilla instruments. Concurrently, the SEC is proposing to amend the regulations concerning the process for revising the use of proceeds in accordance with the standard terms and conditions** and
asset business operators under the SEC’s supervision wish to participate in the BOT’s Programmable Payment Sandbox, regarding both the use of digital assets as MOP and the conditions for accepting
Operators without the Characteristics of Supporting the Use of Digital Assets as a Means of Payment for Products and Services (No. 2), dated 29 August 2024: https://publish.sec.or.th/nrs/10351s.pdf
capital, in line with the regulations for complex and high-yield debt instruments of similar characteristics. Additionally, the SEC has proposed amendments to the process of changing the use of proceeds and
burden to investors, which could develop into an obstacle for accessing investment services and products in the capital market. SEC therefore is proposing the regulations on the use of a single form for
The SEC has found that World app users will receive WLD tokens through an airdrop after registering for the service via the World App and verifying their humanity (Proof of Human) through an Orb device (an iris-scanning machine) located at various points, and several digital asset business operators are servicing these coins. Mr. Anek Yooyuen, SEC Deputy Secretary-General and Spokesperson, stated: “In this case, the SEC has been closely monitoring the operations of digital asset busine...