supporting the protection of investor personal data, to ease the burden of cost of the investors to repeatedly provide such data when switching their services.Mr. Boonsun Prasitsumrit, Chief Executive
case of any problems or queries concerning the processing of personal data. Glossary Term Meaning Personal Data Protection Act the Personal Data Protection Act B.E. 2562 (2019) SEC Office The Office of
-making. Any entity wishing to operate a digital asset business must obtain an approval from the Minister of Finance and meet the SEC requirements regarding, for example, adequate sources of capital
which may affect the rights and interest of digital asset holders or investment decision-making. Any entity wishing to operate a digital asset business must obtain an approval from the Minister of
protection mechanism.? The Royal Decree on Digital Asset Businesses B.E. 2561 (2018), which has become effective since 14 May 2018, stipulates that the SEC shall be the main regulator for digital token
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
derivatives, management of derivatives business, management of customers’ assets in derivatives business or any other positions or nature of work similar thereto for which the job holder is required to obtain
for equity crowdfunding. Furthermore, in the case of ICOs, imposing the aggregate limit would not be an effective investor protection mechanism. This is because it would be very difficult to enforce and
similar form of fundraising and benefit generation. In essence, the amendments support enhancement of digital token offering supervision with proper investor protection mechanisms and a focus on fair
and innovation to enhance developmental efficiency, supervision and investor protection appropriately in all aspects. Regarding digital assets, SEC must closely monitor and supervise digital asset