Thailand: Opened consultation on SEC amendments to criteria for mutual funds and private funds investing in digital assets

On 9 October 2024, the Securities and Exchange Commission (SEC) of Thailand opened a consultation to gather feedback on proposed amendments to the criteria for mutual funds and private funds investing in digital assets until of 8 November 2024. The initiative aims to revise the investment criteria to align with global developments and create equal investment opportunities for large investors through securities companies and investment management companies. The consultation seeks to address the investment in digital assets, including cryptocurrencies, by adjusting the regulatory framework to facilitate investments while ensuring investor protection.