thai sec – DIGIT INFO

Thai authorities raid illegal Bitcoin mine behind local power outages

DIGIT — Sun, 25 Aug 2024 13:16:45 +0000

Thai authorities will address the broader issue of illegal mining and its impact on the country’s energy infrastructure.

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Thai SEC Launches Digital Asset Regulatory Sandbox

DIGIT — Tue, 13 Aug 2024 01:16:58 +0000

The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by accommodating six specific digital asset-related services, including exchanges and custodial wallet providers. Thai SEC Launches Digital Asset Regulatory Sandbox The […]

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Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses

DIGIT — Thu, 13 Jun 2024 02:34:10 +0000

The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over the crypto trading platform’s financial stability, inadequate management structure, and insufficient personnel, […]

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Thailand Issues New Regulations on Custodied Cryptocurrencies

DIGIT — Thu, 19 Jan 2023 06:30:51 +0000

The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital wallet management system to accommodate efficient custody of digital assets and keys and ensure safety of clients’ assets,” the regulator described. Thai SEC’s New Crypto Rules Thailand’s Securities […]

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Thai SEC Launches ‘Crypto Academy’ to Help Digital Asset Investors

DIGIT — Sat, 07 Jan 2023 05:30:40 +0000

The Thai Securities and Exchange Commission (SEC) has launched a crypto academy where investors can learn about digital assets free of charge before investing. “The more you know your investments, the less risk you will have,” the Thai regulator emphasized. Thai SEC’s Crypto Academy Launched The Thai Securities and Exchange Commission (SEC) announced Wednesday that […]

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Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities

DIGIT — Sat, 17 Sep 2022 06:30:11 +0000

The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors and reduce associated risks.” Thailand Seeks Public Comments on 2 Crypto Regulatory Proposals […]

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Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’

DIGIT — Fri, 26 Aug 2022 04:14:58 +0000

The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand’s SEC, and government agencies.

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Thailand Plans to Tighten Crypto Oversight, Giving Central Bank More Powers to Regulate Digital Assets

DIGIT — Wed, 10 Aug 2022 03:30:55 +0000

Thailand is reportedly preparing to amend its law on digital assets to tighten the oversight of the crypto sector and empower the Thai central bank to oversee the sector. “Right now, the central bank has no room to enter into the regulatory framework except for notifying that cryptos are not a legal means of payment […]

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Thailand Bans Meme Coins, Fan Tokens, NFTs From Trading on Crypto Exchanges

DIGIT — Sat, 12 Jun 2021 11:30:45 +0000

The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens (NFTs), are prohibited to trade on crypto exchanges. Thailand Sets New Rules for Crypto Exchanges, Banning Certain Types of Cryptocurrencies The Thai Securities and Exchange […]

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Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion

DIGIT — Thu, 04 Mar 2021 18:35:10 +0000

The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. People ‘Misunderstood’ Minimum Annual Income Rule, Claims the SEC According to the Bangkok Post, the Thai SEC is retracting from […]

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