Browsing by Subject "Cryptocurrency"
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(National Institute of Development Administration, 3/6/2022);
Thailand has enacted the Digital Asset Business Act B.E. 2561 (2018) to regulate activities and digital asset businesses. The Royal decree came into force on May 14, 2018, and subsequently, The Securities and Exchange Commission has issued 11 announcements. In addition, this law also requires that other relevant laws be applied to activities and digital asset businesses such as Anti-Money Laundering law or Securities and Exchange law etc. Furthermore, for the benefit of control, The Royal decree stipulates penalties for business operators who ...