Thailand: SEC prohibition on meme token services by digital asset exchanges
Progress
Current status
in force
07 May 2024 in force
Scope
Implementers
Thailand
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Implemented SEC order on prohibition on meme token services by digital asset exchanges including warning to protect investors
On 7 May 2024, Thailand's Securities and Exchange Commission (SEC) issued an order reinforcing the existing prohibition against digital asset exchanges listing meme tokens. This measure aims to preserve the orderly conduct of digital asset trading a…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
other regulatory body