Thai government directs SEC to share info on unauthorized digital asset platforms, enhancing investor protection. #ThaiSEC #DigitalAssets

The Thai Securities and Exchange Commission (SEC) has been directed to share data regarding unauthorized digital asset service providers with the Ministry of Digital Economy and Society. Aiming to enhance law enforcement operations. 

This move follows a resolution by Thailand’s Technology Crime Prevention and Suppression Committee. Highlighting the cooperation between the SEC and the government to block access to these platforms. The SEC’s Secretary-General, Pornanong Busaratrakul. Emphasized the risks posed to investors using such platforms, cautioning against potential scams and money laundering activities. 

The Commission also advised the public to verify the license status of digital asset service providers through its authorized operators’ database.

Clever Robot News Desk 26^th April 2024