amends regulations on custody of clients’ assets in digital asset businesses to enhance investor protection The SEC’s policy is to strengthen the oversight of digital asset business operators with a focus
the checklist of required documents, the rules related to https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8127 SEC amends regulations on custody of clients’ assets in digital asset businesses to
business license by adding the checklist of required documents, the rules related to https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8127 SEC amends regulations on custody of clients’ assets in digital
borrowing and lending, and joint venture management. As a result, any intermediary wishing to operate only brokerage business, for example, would have to meet the high minimum paid-up capital rule despite its
inconsistent with the ever-advancing technologies and do not allow businesses to access necessary information sufficiently. The FinTech Act would not only reduce such limitations by allowing established
UNOFFICIAL TRANSLATION Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital Market
Secretary-General Ruenvadee Suwanmongkol said: “ Digital asset businesses are regulated under the Emergency Decree on Digital Asset Businesses. Only providers who have obtained relevant https://www.sec.or.th