Increasingly, the public and listed companies begin to take interest in performing transactions related to digital assets in various forms such as investment in digital assets, accepting
company’s Trading Rules as approved by the SEC Board and its deposit/withdrawal service for digital assets with professional care to increase protection of its clients’ assets and ensure continuing services
Currently, there are no licensing regulation for digital asset custodial wallet providers in Thailand. Thus, a digital asset business operator who performs safekeeping of clients’ digital assets
Digital asset business operators have expanded their business to cover services related to the use of digital assets as a means of payment for goods and services. Some have solicited businesses by
is proposing additional regulations related to custody of clients’ assets by requiring that digital asset business operators undertake the following actions: 1) Custody of fiat money: withdrawal and
, held a joint meeting to discuss and exchange views on strategies for promoting, developing, and supervising digital assets, including the involvement of the government, the Thai Digital Asset
is required to arrange for the clients’ withdrawal of assets at all times, contact the clients to return their money and digital assets, transfer money back to the clients, and transfer digital assets
for digital assets can apply for official licenses at SEC from now on. The standardized work systems, good risk management and well-prepared personnel will be emphasized.SEC Secretary-General Rapee