Thailand’s Securities and Exchange Commission (SEC) has recently implemented regulations targeting crypto service providers with an increased focus on safeguarding investors. Following the crypto lending crisis, which led to the bankruptcy of notable firms, discussions on investor protection regulations have been ongoing since September 2022.
These guidelines will include clear risk warnings and essential restrictions on deposit and lending services provided by digital asset businesses. All digital asset platforms are required to give a disclaimer to this effect.
To ensure visibility and user awareness, the warning message must be prominently displayed, and the business operator must obtain the users’ consent and acknowledgment of the risks before they can access the service.
The message to be displayed states:
Cryptocurrencies are high risk. Please study and understand the risks of cryptocurrencies thoroughly, because you may lose the entire investment amount.
By implementing this
We współpracy z: https://bitcoinist.com/thai-investor-protection-customer-crypto-usage/
