
Thai SEC grants operating licenses to 4 more digital assets firms
Despite approving its licenses, the Thai securities regulator still needs to inspect the firms' operations before they can kick off market activities, a report noted.
Despite approving its licenses, the Thai securities regulator still needs to inspect the firms' operations before they can kick off market activities, a report noted.
The proposal is open to the public for feedback until August 12, 2022, per the notice on the SFC's website. A form is provided for the filing of comments.
The Exchequer stated that it had not found enough evidence of unhosted wallets posing a more significant risk for illicit use of digital assets to warrant pushing through with the proposal.
The conditions went into force last May 1 and bind any legal person in Belgium that provides exchange services on digital currencies, legal currencies, or custody wallet services.