The Government of Thailand approved the release and sale of tokens-shares

The National Legislative Assembly of Thailand approved amendment to the Law on Securities and Exchanges, which resolve securities in the blockchain. The amendment will come into force this year.


The Commission on Securities and Exchange (SEC) of Thailand already in the coming months will release detailed guidelines and rules for the tokenized and electronic securities.

The Deputy Secretary General of SEC Tapsuda Tavaramara (Tipsuda Thavaramara) clarifies that this initiative will allow in the future to create blockchain-platform and help develop digital assets to the ecosystem.


The amendment will also give companies the opportunity to obtain a license for activities as depositors of securities and digital tokens. Previously, it was limited by Thai Securities Depository Co Ltd, a subsidiary of the Thailand Stock Exchange Company.

The activities of cryptocurrency companies in Thailand are regulated in accordance with emergency decree on companies engaged in digital assets 2561 from 2018. Will the token-shares be regulated by the act of securities, will solve sec.


In January, the Ministry of Finance of the country issued a license for the use of digital assets by four local cryptocurrency companies and rejected two applications. The Thailand Stock Exchange also plans to apply for a license to operate the platform for the exchange of digital assets.

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