Chandler MHM

Newsletter

Thailand: SEC Bans the Use of Digital Assets as a Means of Payment

On 18 March 2022 the SEC issued a Notification of the Capital Market Supervisory Board on the “rules, conditions and procedures on provision of services of digital asset operators that must not have characteristics of supporting the use of digital assets as means of payment”. The New SEC Regulation came into effect on 1 April 2022.