Well the good news is it is % legal to trade forex in Thailand! The laws for trading in Thailand are enforced by the Securities and Exchange Commission-SEC [1]. For Forex trading, the regulations fall within the "Securities and Exchange Act 12/06/ · The Securities and Exchange Commission of Thailand declared on Friday that the new crypto exchange guidelines and regulations have been approved by General Ruenvadee Suwanmongkol. Thailand’s SEC was concerned about the threats that could occur in crypto transactions 09/11/ · In Thailand, the Securities and Exchange Commission (SEC) and the Bank of Thailand (BOT) regulate forex trading. As a Thai trader, you’re protected by both of these agencies. This means that when you register with one of our recommended Thailand forex brokers, these agencies are looking out for you
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The Thai government will make another attempt to regulate the cryptocurrency industry. The Thai Securities and Exchange Commission SEC said any DeFi-related activity may require a license from the financial regulator in the near future. The SEC noted that the new rules will primarily target the DeFi protocols that issue tokens.
Another regulatory initiative, apparently, is related to the release by the DeFi protocol of Tuktuk Finance of its own token on the smart contracts platform operated by the popular Thai cryptocurrency exchange Bitkub, forex sec of thailand.
Niran Pravithana, forex sec of thailand, CEO of investment app Ava Advisor, said it makes sense as there are many fraudulent tokens issued and criminals can operate through messaging apps like Telegram and manipulate token prices, forex sec of thailand. In early May, it became known that the Thailand Anti-Money Laundering Office AMLO will oblige users of cryptocurrency exchanges to undergo KYC procedures.
Recall also that in April KBank and the Thai Stock Exchange began exploring DeFi lending opportunities.
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The Securities and Exchange Commission (SEC) of Thailand supervises the capital markets in the country, regulates securities trading and enforces takeover legislation. We could not find a list or register of approved entities on SEC’s website, nor some specific rules governing online foreign exchange trading in the country Well the good news is it is % legal to trade forex in Thailand! The laws for trading in Thailand are enforced by the Securities and Exchange Commission-SEC [1]. For Forex trading, the regulations fall within the "Securities and Exchange Act The Securities and Exchange Commission (SEC) of Thailand has presented the qualification requirements for cryptocurrency investors and launched a public comment on the proposed rules. According to the document published by the financial regulator, it is planned to set more stringent requirements for cryptocurrency investors, including their qualifications, income and trading experience
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