asset businesses, including exchange, brokerage and dealing. The legislation also aims to protect investors from risks of fraud and deception by dishonest persons, money laundering and exploitation of
assets, protecting investors from frauds or exploitation, and preventing money laundering.Regarding digital token offering, the Digital Asset Business Law requires filing of the registration statement and
sale of newly issued securities to the public (IPO) whereby issuing companies and listed companies would not be allowed to operate business as an investment company to prevent the misuse of the IPO
from providing services related to privacy coins to prevent misuse of digital assets as a tool for committing a crime. After conducting a public hearing on the matter https://www.sec.or.th/EN/Pages
development of both primary and secondary markets. This new structure also facilitated issuance of new financial instruments and put in place effective regulations to ensure fairness and prevent exploitation of
” as a new digital asset business and to introduce measures to prevent misuse of digital assets as a tool to commit crime Currently, there are no licensing regulation for digital asset custodial wallet
business and to introduce measures to prevent misuse of digital assets as a tool to commit crime Currently, there are no licensing regulation for digital asset custodial wallet providers in Thailand. Thus, a
protect investors from risks of fraud and deception by dishonest persons, money laundering and exploitation of digital assets to facilitate illegal financial transactions, while ensuring regulatory clarity
assets in this manner have to accept all risks involved, including volatility of the value of digital assets, cyberthefts and misuse of digital assets as a tool to back money laundering. Moreover, certain
risks of fraud and deception by dishonest persons, and preventing the exploitation of digital assets to support illegal transactions. In addition, other objectives of the Emergency Decree are to ensure