development of innovations and financial technologies, as well as to promote the competitiveness and growth of the Thai capital market. In this regard, the enactment of this Act complies with the conditions

inconsistent with the normal market condition. Section 47. The provisions of Section 46 shall not apply to the trading of digital assets which complies with the rules, procedures and conditions as specified in

46 shall not apply to the trading of digital assets which complies with the rules, procedures and conditions as specified in the notification of the SEC. Section 48. Any of the following acts shall be

is exempted or complies with rules, conditions and procedures as specified in the notification of the Capital Market Supervisory Board.” SECTION 21. The following texts shall be inserted as Division 3

form of general offering or to the public at large unless it is exempted or complies with rules, conditions and procedures as specified in the notification of the Capital Market Supervisory Board

exempted or complies with rules, conditions and procedures as specified in the notification of the Capital Market Supervisory Board. SECTION 35.5 The application for the offering of newly issued securities