On Sept. 1, 2022, when the SEC approved the need for security warnings by cryptocurrency business operators to disclose the risks of trading cryptocurrencies, the discussion around new regulations for investor protection began
New rules for digital (crypto) asset service providers focused on investor protection have been issued by Thailand’s Securities and Exchange Commission (SEC).
Highlighting the risks associated with cryptocurrency trading, the new guidelines require digital asset service providers to offer adequate warnings.
All platforms must display a message that reads: “Cryptocurrencies are high risk. Please study and understand the risks of cryptocurrencies thoroughly, because you may lose the entire investment amount.”
The warning message must be clearly visible, and before customers…
