With reference to the recent occurrence, a foreign private digital wallet service provider has solicited investors in Thailand via social media to trade digital assets by linking investor trading activities with another foreign digital asset trading platform and allowing payment for the transactions made in Thai baht through Prompt Pay and Thai QR. Such provision of services may be deemed the undertaking of digital asset business without license, subject to the offenses under the Emergenc...
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 cryptocurrency payment for goods and services, and initial coin offering of utility tokens for exchange of goods and services of listed companies. This includes dissemination of news related to such investment or payment for goods or services of listed companies.In addition, on 8 July 2021 the Bank of Thailand (...
Bangkok, 27 June 2019 – This is in reference to the SEC Office’s order imposed by virtue of Section 58(1) of the Securities and Exchange Act, for Energy Earth Public Company Limited (EARTH) to clarify and disclose information in the following matters: (1) the true existence and legal rights on the coal mines, and (2) the report on the re-assessment results of the fair values of the mining property rights over two coal mines in Indonesia, which EARTH had acquired from exchange of the comp...
announcement from the Ministry as to its ACL selling plan. The investors should therefore be cautious in making investment decision.
, recipient countries of those foreign inflows, should be cautious of possible asset price fluctuation associated with capital surge, caused particularly by carry trade strategy. To cope with such situation
personnel. Therefore, investors should be extra cautious not to get involved in such form of investment. Currently, there is no approved digital token issuers as well as there are no such applications
risks from making such investment if the entire investment amount is lost. The next topic is “Being Cautious” under which awareness is raised for the public to know what they need to be wary of if they
usually represented themselves as agents of foreign derivatives brokers licensed by foreign regulators and thus required no authorization from the SEC. Falling into the trap by transferring money to these
related persons. If any violation of the securities law is found, the SEC will strictly take legal action against such wrongdoing. The SEC urges that investors and the public should always be cautious