Based on a referral and the SEC’s further investigation, it was found that on 15 October 2021 OKX provided services for a digital asset trading system, facilitating the trading and exchange of
According to the SEC’s findings, XT .COM has provided a digital asset trading system to facilitate trading and exchange of digital assets while charging fees. Additionally, it has promoted and
wallet provider, and other rules related to the digital asset business operations. The main objectives of the proposed amendments were to build an adequate and appropriate investor protection mechanisms in
custodial wallet provider” as a new digital asset business under the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018) whereby an application for a license would be required to be submitted to
activity of a digital asset custodial wallet provider under the law. This decision aligned with the intention of regulating businesses providing services as mentioned above and aimed to reduce burdens and
Custodial Wallet Provider. The Sandbox participants must incorporate their innovations into the development of digital asset services in the Thai capital market or must participate in a sandbox of the money
Asset Advisor, Digital Asset Fund Manager, and Custodial Wallet Provider. In this regard, it is important to ensure that licensing process effectively screen the readiness and qualifications of the