A Complete Guide (2023 Edition)
In 2022 and 2023, following the collapse of major global players in the cryptocurrency industry, regulators around the world closely examined cryptocurrency activities and tightened regulations for digital asset companies. This tightening primarily concerns the protection and segregation of client assets, which has become standard practice since the cryptocurrency crisis.
Over the past year, we have witnessed a number of enforcement actions and attempts by offshore regulators to classify various types of digital asset products and determine whether these products should be classified as securities.
Based on the aforementioned trends in the digital asset industry, the Office of the Securities and Exchange Commission (SEC) issued new regulations and held public hearings. These initiatives aim to improve investor protection and strike a balance between supervision and encouraging the development of the crypto industry.
To keep up to date with dynamic and evolving regulatory developments, we have revised this publication to provide an up-to-date overview of regulations related to digital assets in Thailand.
