SEC has a plan to revise the relevant notification to allow investment consultants of operators of securities and the derivative contract business, who have expertise in investment and keeping
90 days (within 14 August 2018) to continue their business until an order to discontinue their businesses is given. Earlier, SEC disclosed the names of seven digital asset business operators asking
Olymp Trade or Application "Olymp Trade" : Unlicensed digital asset businessUnlicensed securities and derivatives business (Disclosure Date : 28/01/2023)
Website MP Trade : Unlicensed securities and derivatives business (Disclosure Date : 24/07/2023)
Global Trade Finance : Unlicensed securities and derivatives business (Disclosure Date : 17/09/2024)
clients? order, the Ministry of Finance is allowing both companies to continue their business operation until 14 January 2019.Regarding clients? assets under custody, the companies are requested to transfer
against money laundering. Existing operators which have been undertaking digital asset businesses prior to the effective date of the Royal Decree and wish to continue their business operation must file an
the company to continue its business operation until 21 January 2019.Regarding clients? assets under custody, the company is requested to transfer or return the assets according to the clients? order