investors, and a talk about four aspects of knowledge about digital assets, a new subject receiving interest from the public. SEC Assistant Secretary-General Praoporn Senanarong, discussed an overview of
-Diligence, and preventive measures against money laundering. In addition, digital assets and cryptocurrencies to be traded and exchanged must be specified by the SEC Board or denominated in Thai Baht only
business operators provide appropriate risk warnings to investors, raise awareness of the risks associated with investing in digital assets, and promote the creation and dissemination of responsible
According to the SEC’s findings, XT .COM has provided a digital asset trading system to facilitate trading and exchange of digital assets while charging fees. Additionally, it has promoted and
Secretary-General, said: “Over the years, the SEC has been working closely with the TDO and digital asset business operators to prevent the misuse of digital assets as a channel for money laundering by
in investments without active involvement in management. This includes investments in securities, derivatives or digital assets at a collective total exceeding 40 percent of the total assets as per the
records related to the custody of client fund issued by the custodial bank, and records related to the custody of client digital assets issued by digital asset custodians permitted to provide such services
have expressed interest and discussed with SEC the possibility of offering the services. These securities firms can provide advice on attractive digital assets for investment to customers and invest
Customer (KYC), fit and proper personnel, standard sales process, management of customers’ digital assets and related data, and capital adequacy. There are also new provisions about the accountability of the