Thailand: Digital Assets Custody Regulation including mandatory management system for asset safety
Progress
Current status
in force
16 Jan 2023 in force
Scope
Implementers
Thailand
Policy Area
Data governance
Policy Instrument
Cybersecurity regulation
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Implemented Digital Asset regulation including mandatory wallet management system for asset safety
On 16 January 2023, Thailand’s Securities and Exchange Commission (SEC) implemented regulations mandating digital asset business operators offering clients' digital asset custody services to implement a digital wallet management system that can effi…
Event type
order
Action type
implementation
Government branch
executive
Government body
other regulatory body