trust can sell units to high net-worth investors or general investors (in case of selling to retail investors, listing of the units in the Stock Exchange is required to enhance the liquidity). In case
structure A REIT is not a juristic person, but a pool of assets owned by a trustee. A trustee is entrusted with powers to oversee and administer assets of the trust in interests of the unitholders, who are
including coins in games or points to redeem for products or services are not regarded as operating digital assets businesses . For providers who service trading digital assets with Thai baht pegged stable
various false claims regarding digital asset investment. Meanwhile, SEC has published the list of digital asset intermediaries allowed to continue their business operation on the condition to apply for a
key qualifications as follows: (1) a Thai company as a limited company or a listed company; (2) the required amount of a registered capital; (3) well-preparedness in work systems, financial status
SEC within 90 days (within 14 August 2018) to continue their business until an order to discontinue their businesses is given. Earlier, SEC disclosed the names of seven digital asset business operators
-licensed asset management companies that are responsible for managing funds on behalf of their clients and Asset Owners through an investment mandate and generate returns for them. Asset Owners
duties with efficiency, fairness and transparency; focuses on promoting and developing the operation of the securities businesses. At present, three associations related to the securities business are as
intermediaries to sell the products in renowned markets; China, Japan and Korea, for example, while the cooperation with the European Union (EU) has been established to allow offer for sale of units of Thai mutual
of digital asset businesses, and to reduce the necessity for case-by-case data submission. Currently, some digital asset brokers, dealers and exchanges have already obtained their respective licenses