Regulatory Alerts2018-01-01 | enactment-digitalasset2018.pdfEmergency Decree on Digital Asset Businesses B.E. 2561 (2018) as amended
The King of Thailand issued this Emergency Decree to regulate digital asset businesses, defining cryptocurrencies and tokens while granting the Securities and Exchange Commission authority to supervise the sector. It mandates that digital asset operators obtain licenses and comply with strict requirements regarding capital, asset segregation, and anti-money laundering controls. Additionally, the decree establishes a rigorous framework for public digital token offerings, requiring SEC approval, registration statements, and prospectuses to protect investors and ensure market transparency.
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