In pursuant to the Royal Decree on Digital Asset Businesses, B.E. 2561, which took effect on 14 May 2018, allows existing digital asset business operators who submit their requests to SEC within 90
unless the application is denied. In any case, to prevent the use of cryptocurrencies derived from unclear sources of capital, business operators are allowed to offer digital tokens for returns in
made within two months as from a grant of loan. Previously, the SEC Board allowed the same period for establishment of type 1 property fund and increase in scheme capital for additional investment. ?The
licenses under the law are allowed to provide services related to digital asset trading, exchange, depository, transfer, withdrawal or any transactions related to digital assets in Thailand. Violators or
SEC would like to emphasize that digital asset businesses are regulated under the Digital Asset Business Emergency Decree. Only providers who have obtained relevant licenses under the law are allowed to
from unclear sources of capital to facilitate financial transactions, business operators are allowed to offer digital tokens for returns in cryptocurrencies or accept cryptocurrencies from customers only
Bangkok, 17 May 2018 ? The SEC is seeking public comments on the principles and draft regulations under the Digital Asset Business Law to lay out guidelines for supervising offering of digital tokens
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