stakeholders. The SEC is therefore conducting this public hearing on the proposed amendments to the management and storage of data related to the undertaking of digital asset businesses related to
The SEC Board has passed a resolution approving in principle the proposal to amend the Ministerial Regulations on Licensing of Digital Asset Businesses B.E. 2561 (2018) and relevant regulations to
standards. This is to ensure that the financial statements of all businesses raising fund in the capital market audited by qualified capital market auditors will be of good quality, accurate, reliable and
failure to comply with, Section 26 and is liable to criminal sanction under Section 66 of the Digital Asset Businesses Emergency Decree, i.e., imprisonment for a term of two to five years and a fine of
on Digital Asset Businesses B.E. 2561 (2018) (Emergency Decree), the SEC Board Meeting No. 5/2564 passed a resolution ordering Huobi to rectify its work systems, but Huobi failed to do so within
penalties under Section 57 and Section 66 of the Royal Decree on Digital Asset Businesses B.E. 2561 (2018). The first count of unlicensed offering of digital tokens is liable to imprisonment for a term not
enable them to fund the sustainable transformation of their businesses while enhancing the capital market’s role in creating a positive social and environmental impact and promoting sustainable development
. The proposal aims to promote a clear understanding and a standardized protocol for monitoring and supervision of digital asset businesses, and to reduce the necessity for case-by-case data
The Royal Decree on Digital Asset Businesses, B.E. 2018 stipulates that issuing and offering digital tokens must be approved by SEC and digital tokens must be offered through digital token portals
to operate businesses regarding such products;(5) Those products above may lack of liquidity for trading with cash or other productsIn addition, the Monetary Authority of Singapore (MAS) has