of relevant laws to prohibit digital asset business operators from using digital assets as a means of payment for goods and services which may lead to a widespread use of digital assets beyond the

undertaking of digital asset business without license, subject to the offenses under the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018). The SEC is in consideration for taking further actions

Bangkok, 23 February 2024 – The Securities and Exchange Commission Board (SEC Board) has passed a resolution to recommend the revocation of digital asset business license of Zipmex Co., Ltd

of digital asset business operators, the SEC would maintain the existing guidelines prescribed under the Emergency Decree on Digital Asset Businesses, which involve the supervision through licensing

Under the SEC’s policy, digital asset business operators are not allowed to provide or support deposit taking and lending services to prevent possible damage to digital asset investors and the public

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