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Bangkok Post
Bangkok Post
Business

SHOCKING: Major shareholders in digital asset ventures need sec nod | Mind Blowing Facts

SEC Securities and Exchange Commission Ministry of Finance
Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple and Litecoin are placed on a PC motherboard in this illustration. REUTERS

Digital asset businesses are now subject to seeking the approval of the Securities and Exchange Commission (SEC) if they are set to have a major shareholder, the Thai regulator said on Monday.

According to an SEC statement, a digital asset business operator must submit an application for the approval of a person who is a major shareholder with the SEC as prescribed by a Ministry of Finance notification.

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