business operators provide appropriate risk warnings to investors, raise awareness of the risks associated with investing in digital assets, and promote the creation and dissemination of responsible

to liquidate the collateral assets to repay the principal, fulfill interest obligations, or settle any fees owed to the bondholders.  The SEC requires that the bondholders’ representative analyze the

value of assets, the progress of project development, the expected timeline for generating revenue from the project, the total investment anticipated for the project, and whether or not such

replacement assets.    The SEC requires that the bondholders’ representative analyze the benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline

mortgages the company’s assets, including but not limited to securing debt repayment, refinancing, or negotiating waivers or modifications for debt restructuring with financial institutions.The SEC requires

introducing additional conditions for cases where the bond issuer exercises the right to redeem or request the return of collateralized and/or replacement assets. The SEC requires that the bondholders

crowdfunding;            (2)  Requiring bondholders’ representatives to have paid-up registered capital of at least 25 million baht, which is comparable to securities companies maintaining clients' assets in

-related tokens as eligible assets. Subsequently, the SEC Board Meeting No. 1/2567 approved the proposed regulations regarding the offering of sustainability-related tokens to be on par with the regulations

million baht, comparable to a securities company that safeguards client assets. Additionally, a funding portal acting as a bondholder representative is required to meet and maintain financial

paid-up registered capital of at least 25 million baht, comparable to a securities company that safeguards client assets. Additionally, a funding portal acting as a bondholder representative is