Thailand: Implemented SEC order on prohibition on meme token services by digital asset exchanges including warning to protect investors
Description
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…
Scope
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body