equity or debt instruments. Most of those making comments also agreed on a requirement to mobilize fund via ICO portals approved by the SEC. ICOs can be placed to institutional investors, private equity
January 2019.________________________Remark: Public Hearing Document - https://capital.sec.or.th/webapp/phs/viewall/viewall.php*Crowdfunding is a fund raising method from crowd through funding portals
The Royal Decree on Digital Asset Businesses, B.E. 2018 stipulates that issuing and offering digital tokens must be approved by SEC and digital tokens must be offered through digital token portals
qualifications and smart contracts by SEC-approved ICO portals; (3) There might not be enough necessary information disclosed for investors.(4) These is no business operators under SEC supervision allowed
disclosure, a prospectus, progress reports of a project and use of proceeds. The offering of digital token must be made through ICO portals approved by SEC Board. The role of ICO portal is to perform due
who obtained an SEC approval to become ICO portals and for digital token sale. Therefore, those who make infringement will be regarded as breaking the laws with criminal and civil penalties
governing law; (2) These ICOs have not been screened by the SEC-approved ICO portals; (3) Necessary and sufficient information on these ICOs may not be disclosed to support investors’ decision making; (4
approved ICO issuers nor ICO portals recognized by SEC at this moment. Once there exists an ICO issuer or ICO portal fully complied with the regulations, SEC will publish such information on the SEC website
retail investor. There is no investment limit for non-retail investors.** The crowdfunding must be conducted through a funding portal approved by the SEC. Funding portals play the pivotal role of
on Digital Asset Businesses, B.E. 2018 stipulates that issuing and offering digital tokens must be approved by SEC and digital tokens must be offered through digital token portals https://www.sec.or.th