primary purpose is consumption or being a digital representation of a certificate (Utility Token Group 1) are exempt from the supervision under the Emergency Decree on Digital Asset Businesses B.E. 2561

the SEC’s supervision. Under the new rule, which will become effective from 1 October 2022 onwards, the qualifications of such investors are amended to incorporate an aspect of adequate financial

implement mechanisms for the supervision of its affiliated and associated companies. These mechanisms must be examined by the holding company’s audit committee and board of directors. Measures ensuring that

the execution of electronic transactions which would be deemed as fully legitimate as normal transactions, for example, transactions related to businesses under the SEC supervision, subscription

’ decision making; (4) None of the intermediaries or selling agents under the SEC supervision have been licensed to undertake digital asset businesses; (5) These ICOs may lack trading liquidity and may not

with related parties to improve the supervision.”SEC disseminates the public hearing document on this issue at SEC website: www.sec.or.th/hearing. Any related parties and interested persons are

regulator of the recognized ACMF member will be exempted knowledge test on products and rules and regulations in the host country and subject to the specified scope of supervision, such as performance of

limited only to major investors or high net worth investors.The guidelines proposed by SEC for supervision and encouragement of such business cover 4 key points as follows:1.     The process for wealth

Institutional Investor, Ultra-high Net Worth Investor and High Net Worth Investor or the central investor definitions** for investment in financial products under the SEC’s supervision, which has been revised and

the SEC supervision can also be viewed under ?Investor Alert? banner.  In addition, any investor or general public can be of assistance by simply dialing 1207 to give information on suspicious