In April 2024, the SEC published a public hearing on the proposed principles and draft amendments to the regulations on sustainability-themed ICOs, i.e., green token, social token, sustainability
Presently, several companies are interested to raise fund through digital token offer to finance their investment in office buildings or condominiums which will later be rented for income shared to holders of digital tokens or real estate-backed initial coin offering (ICO). Meanwhile, the regulations have not yet extended to such fund raising method and a smart contract has not yet covered an enforcement of investors’ rights in some issues which are activities occurring outside blockchain...
Bangkok, 28 February 2019 ? The SEC has updated the list of cryptocurrencies eligible for initial coin offering (ICO) investment or value comparison as base trading pair against other digital assets traded on digital asset exchanges. As a result, the current list comprises four cryptocurrencies, namely Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Stellar (XLM).In any case, it should be noted that the announcement of such cryptocurrency list is not a certification of their legal tender status....
, performing arts and entertainment media. These projects might be released in series at different periods and it could be cumbersome to file for single ICOs individually. In accordance with phased release of
The SEC’s amended regulations related to shelf filing of ICOs and the change to the limit and total amount of funds raised from retail investors aim to increase options and flexibility for ICO filing
, Facebook, Line and YouTube. The public should be aware that none of the three digital assets or ICOs have applied for or obtained an approval from the SEC. Thus, anyone receiving information or solicited to
The SEC has specified the list of eligible cryptocurrencies to be used for investment in digital tokens through ICOs process and as base trading pair against digital asset exchanges. Currently
suggestions, please email aunchisa@sec.or.th and archari@sec.or.th. Thank you again for your kind contribution. 1. Aggregate limit of 3 million baht on total investments in ICOs by each retail investor in any
emerged from the public, whether an ICO can be done legally, particularly whether it falls under the SEC’s regulations. Figure 1: ICOs that fall under the SEC’s purview 1.4 In cases where an ICO constitutes