. Pursuant to the Ministerial Notification concerning Approval for Undertaking of Digital Asset Businesses, effective since 13 July 2022, DA custodial wallet provider is required to obtain a DA business
independence criteria as specified by the SEC Board; (3) Undertaking of Other Businesses: Requiring any digital asset business operators who wish to undertake other businesses to obtain an approval from the
acts. For example, Section 21 prescribes that a minor shall obtain a consent from the rightful representative before executing any legal acts and any acts executed by a minor without such consent shall
construction costs. The remaining provision for damages from lawsuit is sufficient to the amount which may occur. 5. The financial cost In 2018, the Company still has been unable to obtain the financial support
strategic partnership and enhance the synergies between the Company and SGAH in order to grow their business in the global market. The total investment of USD 65 million consists of (1) newly issued ordinary
2018, digital asset business operators are required to obtain a relevant license from the Minister of Finance. Since 2018, three types https://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=10423 SEC
amends regulations on custody of clients’ assets in digital asset businesses to enhance investor protection The SEC’s policy is to strengthen the oversight of digital asset business operators with a focus
://www.sec.or.th/EN/Pages/News_Detail.aspx?SECID=8251 SEC amends regulations on custody of clients’ assets in digital asset businesses to enhance investor protection The SEC’s policy is to strengthen the oversight