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MainNewsThai SEC Int...

Thai SEC Introduces New Rules for Digital Asset Providers


Jul, 03, 2023
< 1 min read
by CoinEdition
Thai SEC Introduces New Rules for Digital Asset Providers
  • Thailand’s SEC introduces regulations prioritizing investor protection in digital asset services.
  • Clear risk warnings are mandated for cryptocurrency traders, noting the potential loss of investment.
  • Restrictions are imposed on deposit and lending services by digital asset businesses, with limited exceptions.

Thailand’s Securities and Exchange Commission (SEC) introduced new regulations for digital asset service providers to prioritize investor protection and the guidelines now mandate clear risk warnings for cryptocurrency trading.

Reporter Collin Wu took to Twitter to share the new announcement:

Under the new regulations, digital asset providers must include a clear warning about the potential risks involved in trading digital assets.

The Thai SEC noted that the warning message must be prominently displayed along with the discl…

The post Thai SEC Introduces New Rules for Digital Asset Providers appeared first on Coin Edition.

Read the article at CoinEdition

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MainNewsThai SEC Int...

Thai SEC Introduces New Rules for Digital Asset Providers


Jul, 03, 2023
< 1 min read
by CoinEdition
Thai SEC Introduces New Rules for Digital Asset Providers
  • Thailand’s SEC introduces regulations prioritizing investor protection in digital asset services.
  • Clear risk warnings are mandated for cryptocurrency traders, noting the potential loss of investment.
  • Restrictions are imposed on deposit and lending services by digital asset businesses, with limited exceptions.

Thailand’s Securities and Exchange Commission (SEC) introduced new regulations for digital asset service providers to prioritize investor protection and the guidelines now mandate clear risk warnings for cryptocurrency trading.

Reporter Collin Wu took to Twitter to share the new announcement:

Under the new regulations, digital asset providers must include a clear warning about the potential risks involved in trading digital assets.

The Thai SEC noted that the warning message must be prominently displayed along with the discl…

The post Thai SEC Introduces New Rules for Digital Asset Providers appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Coinbase Takes a Page from Binance’s Playbook: Will It Work Against the SEC?

Coinbase Takes a Page from Binance’s Playbook: Will It Work Against the SEC?

Buoyed by a recent court ruling in favor of Binance, Coinbase has appealed in a lette...
Jul, 02, 2024
< 1 min read
by CoinEdition
XRP Demand Soars as Hashdex ETF Requires 215 XRP Per Share

XRP Demand Soars as Hashdex ETF Requires 215 XRP Per Share

The U.S. SEC has formally acknowledged the 19b-4 filing for the Hashdex Nasdaq Crypto...
Jul, 02, 2024
< 1 min read
by CoinEdition