Thailand’s Securities and Exchange Commission (SEC) has introduced new guidelines to strengthen investor protection in the cryptocurrency industry. The SEC has mandated clearer disclosure of risk warnings and restrictions on digital asset business operators’ deposit and lending services.
The rules, endorsed during meetings in September, December of 2022, as well as May of 2023, require cryptocurrency business operators to explicitly inform potential investors about the inherent risks involved in trading. Customers must acknowledge these risks and provide consent before commencing trading, following an investment suitability assessment and appropriate investment proportions.
