The proposed amendments aim to improve the rules and guidelines for operating digital asset businesses to be more timely and appropriate in line with the industry developments and the current

efficient to foster trust and confidence in the Thai digital asset market among investors. The consultation paper is available at https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=995 and the central legal

The SEC aims to improve the PVD supervision to be more suitable for the current context, providing protection to PVD members in a fair and transparent manner. Related business operators are

areas to prevent conflicts of interest. Additionally, DA operators will be required to establish internal rules or procedures for customer asset safekeeping.   In this regard, the current DA operators

. Meanwhile, the current regulations on such criteria has not yet covered risks associated with custody of clients’ assets for the digital asset business operators who can access into or transfer customers

the proposed amendment and the draft regulations. The proposed amendment is summarized as below:            1) the current regulation requiring DA operators to submit each advertisement piece and

Presently, supervising “digital asset businesses” under the royal decree on digital asset businesses, B.E. 2561 cover three business groups: digital asset exchange; digital asset broker; and

analysis on current conditions of assets. Accordingly, the SEC required GOLD and UV clarify the reasonableness of the assets valuation report used in making a decision to propose the asset disposition and

meeting with AIMC: ?The SEC encourages the association to urge asset management companies in addition to the current AIMC guidelines, to also comply with the Global Investment Performance Standards (GIPS

crime.Given the current circumstances, SEC is proposing to introduce measures for supervision of digital asset businesses in this matter, and the SEC Board Meeting No. 15/2563 dated 3 December 2020 has