The Securities and Exchange Commission (SEC) prepares the qualifications for investors in cryptocurrencies. (Cryptocurrency) and knowledge testing criteria To be a mechanism to protect investors
Due to cryptocurrencies (cryptocurrency) is a new and highly volatile form of financial innovation. Investing in cryptocurrencies requires knowledge, understanding and the ability to take risks from getting investment losses. Invest in cryptocurrencies to have appropriate investor protection mechanisms that align with the risk level of the product.
Initially, the investor’s criteria were set out in 2 aspects:
Financial position
- Must have an annual income Excluding spouse 1 million baht per year or more than 8.3 thousand baht per month or
- Have net assets of 10 million baht or more Does not include the value of real estate used as a permanent residence or
- Worth investing in securities Futures contract Or digital assets of 5 million baht or more
Cognitive aspect
- Must be an experienced investor, invest in cryptocurrencies or have experience investing in securities. Or derivatives for at least 2 years or as a professional as specified by the office
In the case of investors who do not meet the above requirements Will not be able to invest in cryptocurrencies directly. Must be through a digital asset fund manager (DA Fund manager) only
However, when opening an account, use the new service. The digital asset business operator must set the amount of money. The minimum of opening an account is at least 1,000 baht.
However, all eligibility requirements are in the listening process. Which will be open for interested people to express their opinions on the website https://bit.ly/3knvOOk Or by e-mail: [email protected] and [email protected] until March 27, 2021.
