The Thai Securities and Exchange Commission issued operating licenses to four local digital asset operators

[Thai Securities and Exchange Commission issues operating licenses to four local digital asset operators] According to news on August 5, the Thai Securities and Exchange Commission has issued operating licenses to four other digital asset operators, namely cryptocurrency broker Krungthai. XSpring, crypto exchange T-BOX Thailand, cryptocurrency fund manager Coindee and asset manager Leif Capital Asset Management. The four companies have yet to start operations as regulators still need to inspect their operations.

Currently, there are 21 fully regulated digital asset operators in Thailand, including 9 exchanges, 9 brokers and 3 fund companies. (Cointelegraph)

Other news:

Thailand SEC implements digital asset custody rules: March 2, market news: Thailand SEC implements digital asset custody rules. (Golden Ten) [2022/3/2 13:32:03]

The Thailand Securities and Exchange Commission may adjust the entry rules for encrypted retail investors: According to news on March 2, due to strong public opposition, the Thai Securities and Exchange Commission (SEC) may adjust the entry rules for encrypted retail investors. Previous rules required proof of a minimum annual income of 1 million baht (about $33,000) to invest in cryptocurrencies. The public said that the rule would exclude low- and middle-income earners from the cryptocurrency market. SEC executives responded that they had no intention of making an annual income of 1 million baht an eligibility criterion for crypto investments. Earlier news, the Thai Securities and Exchange Commission requires cryptocurrency investors to provide proof of income before opening an exchange account. Unqualified crypto traders can only invest through financial advisors if they are licensed by the SEC. (Cointelegraph)[2021/3/2 18:08:10]

News | The Stock Exchange of Thailand plans to apply for a digital license for encrypted transactions: According to NewsBTC, the Stock Exchange of Thailand (SET) plans to apply for a digital license to enable it to operate a cryptocurrency exchange. According to Pattera Dilokrungthirapop, chairman of the Association of Securities Companies and vice-chairman of the SET board of directors, the exchange plans to apply to become a broker and dealer for digital asset transactions. If the application is successful, the Stock Exchange of Thailand will become the first stock exchange in the world to set up a separate crypto exchange. [2019/1/17]