RATE Group | Thailand Approves 4 New Cryptocurrency Service Providers
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Thailand Approves 4 New Cryptocurrency Service Providers

13 Jul Thailand Approves 4 New Cryptocurrency Service Providers

Posted at 22:43h in Cryptocurrency News by

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The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules, conditions, and procedures have been introduced for digital asset businesses.

Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments

Digital Asset Business Operators

Thailand’s Securities and Exchange Commission (SEC) has officially approved four new digital asset business operators. Under the country’s current regulatory framework for digital assets, which covers both cryptocurrency and digital tokens, a company can apply for a license to operate an exchange, a broker, or a dealer for cryptocurrency, digital tokens, or both. Separate licenses are required for cryptocurrency and digital tokens.

Thai Government Approves 4 New Cryptocurrency Service Providers

Among the four new digital asset business…

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