Dr. Chaiwat Wibulswasdi, Chairman, Capital Market Development Fund, revealed that the CMDF board has approved in principle by supporting the Thai Capital Market’s digital infrastructure under the
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shareholders’ equity or no more than 70% of total amount offered. Digital asset exchanges, brokers and dealers must be granted licenses from the minister and their paid-up capital must be no lower than SEC
up a booth showcasing the SEC Digital Strategic Plans and key projects aimed at driving trust and confidence in the Thai capital market. The opening ceremony took place on 29 May 2024, in Bangkok
Know-Your-Customer (KYC) and Customer-Due-Diligence (CDD) and set up preventive measures against money laundering. Existing operators which have been undertaking digital asset businesses prior to the
network in Asia. It opens up new business opportunities for fund management firms and broadens cross-border investment channels and choices for investors,” said Mr Ashley Alder, the SFC’s Chief Executive
that the services investors will receive from the investment advisor or fund manager are up to the same standard of conduct obligated by other digital asset business operators. For instance, Know Your