Thailand Seeks Public Input on Proposed Digital Asset Regulatory Reforms

Thailand Seeks Public Input on Proposed Digital Asset Regulatory Reforms

by May 28, 2024

Thailand’s Securities and Exchange Commission (SEC) is seeking public input on proposed changes to the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018).

These changes aim to update the decree to better reflect current market conditions and improve regulatory efficiency. The goal is also to increase investor confidence in digital assets.

This review is required by the Act on Legislative Drafting and Evaluation of Law B.E. 2562 (2019), which mandates regular evaluations of laws.

The SEC is conducting this public hearing to address issues and challenges related to the current decree and its associated regulations. The feedback will help ensure the decree is necessary, consistent, and effectively enforced.

The consultation paper is available on the SEC’s website and the central legal hub. Stakeholders are encouraged to submit their comments by 22 July 2024 through the SEC’s website or via email at pinyapat@sec.or.th or dpsec@sec.or.th.

 

Featured image credit: Edited from Freepik