SEC Secretary-General Ruenvadee Suwanmongkol said: “Nowadays, digital assets are used for fundraising and trading. Also, Blockchain innovation and Distributed Ledger Technology (DLT) are applied to
be in line with the definitions of the terms prescribed in the Securities Law. The proposed regulations aim to better clarify the terms, prevent unfair trading practices related to digital assets and
asset custody. The proposal also aimed to determine requirements for digital asset business operators who function as a digital wallet provider to prevent misuse of digital assets as a tool for committing
regarding digital assets from the public through war room operation. This is an integration to streamline all work processes to ensure timely legal execution and prevention of damages to people particularly
On 2 March 2023, the SEC Board Meeting No. 5/2566 passed a resolution approving in principle the proposed amendments to the regulations regarding the ICO of investment token, digital asset custodial
. Meanwhile, the current regulations on such criteria has not yet covered risks associated with custody of clients’ assets for the digital asset business operators who can access into or transfer customers
applying for a digital asset exchange licence.? The applicants failed to meet the approval criteria regarding important work systems. For example, the systems for custody of client assets and Know Your
Bangkok, 14 January 2019 ? The SEC announced that the Ministry of Finance, under the recommendation of the SEC Board, had denied a digital asset business licence for Coin Asset Co., Ltd.Earlier
SEC has planned to adopt the DLT or other digital technologies into digital infrastructure of Thai Capital Market. The DLT automatically distributes information to every party in the network in
the digital currency that is used broadly in the world with easy access, speed and low costs. It is a stable coin backed by assets with less volatility, unlike bitcoin.Moreover, Facebook and its