Pursuant to the Emergency Decree on Digital Asset Businesses of 2018, digital asset business operators are required to obtain a relevant license from the Minister of Finance. Since 2018, three types

in the future. The key objective is to put in place a new licensing regime whereby a more specific type of license could be issued to be in line with the applicant's business model. This aims to

Jordan or Eric Jack Jordan as PPI director and personal capacity and (3) Gary Bradford for jointly operating securities business without license. The SEC received a complaint from a foreign investor

nationality, on account of operating securities business without license.? Several foreign investors informed the SEC that Mr. Malpass, who resided in Thailand, had solicited them to transfer their pension

normal investment methods, or guarantee principal return. Some lie that they are a legally licensed company or a member of a foreign business network, and thus are not required to obtain a license from the

services liable to be an undertaking of digital asset business in the category of digital asset exchange without license, which is deemed a violation or a failure to comply with Section 26 of the Emergency

undertaking of securities business without having obtained a license under Section 90 and subject to penalties under Section 289 of the Securities and Exchange act B.E. 2535 (1992), namely an imprisonment

caution when using services of securities business operators, derivatives business operators or digital asset business operators who have not obtained a respective license, as well as foreign digital asset

available under the “License Check” banner, while the list of business operators not licensed by the SEC is available under the “Investor Alert List” on the SEC website at www.sec.or.th. In case of tips of

securities business operation can give additional information to the ECD Police at 0-2237-1199.Investors are strongly advised to consult the License Check page at www.sec.or.th to verify the status of