Due to the reasons that digital assets are created by using blockchain and having unique storage methods, typically in digital wallets, together with recent news highlighted that many overseas DA
characteristics and risks associated with rapidly evolving digital assets and apply the principle of “same activity, same risk, same regulatory outcome.” This aligns with the TDO's important goal of driving the
similar manner as custody of digital assets; 2) Custody of fiat money and digital assets: the use of a client’s assets for the benefit of another client or other persons shall be prohibited and clients
, digital asset investors must understand that investing in digital assets take high risks and fluctuations. Investors may suffer losses or find limited choices in swapping digital assets.“In addition, the
the information on the clients’ assets under its custody. The exchange is also required to show evidence on the investments of the clients’ digital assets that had been deposited with ZipUp via various
licenses under the law are allowed to provide services related to digital asset trading, exchange, depository, transfer, withdrawal or any transactions related to digital assets in Thailand. Violators or
, held a joint meeting to discuss and exchange views on strategies for promoting, developing, and supervising digital assets, including the involvement of the government, the Thai Digital Asset
asset business operator only in case of deciding to invest in digital assets. The list of licensed digital asset business operators and more information on digital assets are available at the microsite
yesterday. The new legislation was enacted to regulate the offering of digital assets and businesses undertaking digital asset-related activities. SEC Secretary-General Rapee Sucharitakul said: ?The
Following tips and the SEC’s further inspection, it was found that Binance has provided platform services for trading or exchanging digital assets via its website by matching orders or arranging for