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ARTICLE · 29 JUNE 2021

Thailand Announces Prohibited Digital Tokens And Cryptocurrencies

Tilleke & Gibbins
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Thailand's Securities and Exchange Commission (SEC) has announced the prohibition of certain digital assets, preventing them from being traded on digital asset exchanges in Thailand.

ThailandTechnology
Nopparat Lalitkomon
Nopparat Lalitkomon
Kobkit Thienpreecha
Kobkit Thienpreecha
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Thailand's Securities and Exchange Commission (SEC) has announced the prohibition of certain digital assets, preventing them from being traded on digital asset exchanges in Thailand. In principle, the SEC allows digital asset exchanges to set out their own criteria and processes for selecting and accepting the types of digital assets which they trade, and the Notification of the Securities and Exchange Commission No. Kor Thor. 18/2564 Re: Rules, Conditions and Procedures for Undertaking Digital Asset Businesses (No. 11), which took effect immediately upon its publication in the Government Gazette on June 11, 2021, is the first SEC regulation to restrict certain kinds of digital assets.

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