unless the application is denied. In any case, to prevent the use of cryptocurrencies derived from unclear sources of capital, business operators are allowed to offer digital tokens for returns in
involving laws in Thailand, and exchange aspects from practitioners for digital asset consideration. “SEC will be an agency which opens for comments, enriches knowledge for all relevant parties, holds
The Royal Decree on Digital Asset Businesses, B.E. 2018 stipulates that issuing and offering digital tokens must be approved by SEC and digital tokens must be offered through digital token portals
-making. Any entity wishing to operate a digital asset business must obtain an approval from the Minister of Finance and meet the SEC requirements regarding, for example, adequate sources of capital
Bangkok, 23 February 2024 – The Securities and Exchange Commission Board (SEC Board) has passed a resolution to recommend the revocation of digital asset business license of Zipmex Co., Ltd
to be digital assets (called by many names such as coin, token or digital coin), as follows: (1) Every Coin(2) Orientum Coin or ORT Coin(3) One Coin and OFC Coin(4) Tripxchain Coin or
rapid development of digital assets in the capital markets sphere. The ACMF has started working together by sharing practices on investor education and educational materials. In the longer term, the
According to given tips and the SEC’s further investigation, it was found that MRC - BIZ led by Tanit had offered for sale and given trading service of digital tokens through public solicitation
Pursuant to the Emergency Decree on Digital Asset Businesses of 2018, digital asset business operators are required to obtain a relevant license from the Minister of Finance. Since 2018, three types
Following the tips from various sources to SEC, there have been solicitations for investment in securities and/or product that may be liable to be digital asset (called by many names such as coin