Thailand’s SEC will form a working group to revise the Digital Assets Regulations.
To deal with the rapidly changing situation, the Securities Exchange Commission of Thailand (SEC) intends to form a working group to amend the Digital Assets Act.
According to the statement, the movement aims to encourage new financial innovations while also improving the efficiency of the investor protection mechanism and aligning with the direction of supervision in foreign countries.
The SEC is preparing to form a working group to examine the possibility of amending the Royal Decree on the Digital Asset Business 2018. (Digital Assets Act).
The working group will include representatives from various related organizations, such as the Fiscal Policy Office (FPO) and the Bank of Thailand (BOT). Meanwhile, the Secretary-General of the Council of State will be appointed as the group’s advisor.
This working group’s primary responsibility is to research, review, and propose solutions to amend the Digital Asset Act and other related laws, as well as to consider drafting new laws if necessary in order to comply with and support the Ministry of Finance’s policies.
