visimoney
TLDR:
In a notable move, the Thailand Securities and Exchange Commission has removed restrictions on individual digital token investments, allowing investors in Thailand to invest in any token, including those backed by real estate. This decision expands the range of investment choices available to individuals and aims to enhance investor protection, promote technological innovation, and boost national growth through digital fundraising. Additionally, digital asset businesses seeking to diversify into other ventures will require approval from the SEC.
The Thailand SEC’s decision to ease restrictions on digital token investments highlights its commitment to supporting innovation and technology and fostering sustainable growth in the capital market and digital economy. By seeking public input on its principles and finalizing the draft announcement in September 2023, the SEC has demonstrated a forward-thinking approach. The regulatory adjustments also aim to improve the quality and trustworthiness of the entire digital asset market.
