Regulatory Alerts2018-01-01 | Summary-of-EC-DA-2561-as-amended-en.pdfSummary of the Emergency Decree on Digital Asset Businesses B.E. 2561
The Thai Cabinet enacted the Emergency Decree on Digital Asset Businesses B.E. 2561 to regulate digital asset activities, protect investors, and maintain national financial stability. The legislation mandates that digital token issuers obtain SEC approval and file prospectuses for public offerings, while requiring digital asset exchanges, brokers, and dealers to secure ministerial approval and comply with strict operational standards. Furthermore, the decree classifies these entities as financial institutions under anti-money laundering laws and grants authorities powers to enforce sanctions and prevent unfair trading practices.
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