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Cryptocurrency Controls and Prospective Regulations on Digital Assets in Thailand

Digital assets (including cryptocurrency and digital tokens), currently governed by the Emergency Decree on Digital Asset Business B.E. 2561, have been adopted widely in Thailand both as a means of payment (“MOP”) for goods and services, and investments. The dramatic growth of the use of digital assets has been a concern for the Thai authorities, particularly the use of digital assets as a MOP. From the authorities’ point of view, the use of digital assets for such purpose may lead to various negative impacts, including cyber espionage and money laundering. Thus, on 18 March 2022, the Thai Securities and Exchange Commission issued a new Notification of the Capital Market Supervisory Board to regulate such matters (the “New Regulation”), which came into effect on 1 April 2022. ....

Krung Thep Mahanakhon , Wongsakrit Khajangson , Tantigar Hutamai , Kanchana Suchato , Panupan Udomsuvannakul , Exchange Commission , Sathorn Square Office Tower , Emergency Decree , Thai Securities , Capital Market Supervisory Board , New Regulation , Thai Baht , New Regulations , Sathorn Square Office , Sathorn Road ,

PDPA in Thailand enforceable from 1 June 2021 [Brought to you by Chandler MHM]

Thailand’s first data privacy law, the Personal Data Protection Act B.E. 2562 (2019) (“PDPA”) has been temporarily postponed until 31 May 2021. Assuming that there is no further postponement, the PDPA will become largely enforceable on 1 June 2021. ....

Krung Thep Mahanakhon , Pranat Laohapairoj , Ministry Of Digital Economy , Office Of Personal Data Protection Commission , Sathorn Square Office Tower , Chulalongkorn University , Digital Economy , Personal Data Protection Commission , Sathorn Square Office , அமைச்சகம் ஆஃப் டிஜிட்டல் பொருளாதாரம் , சுழலங்காரன் பல்கலைக்கழகம் , டிஜிட்டல் பொருளாதாரம் , தனிப்பட்ட தகவல்கள் ப்ரொடெக்ஶந் தரகு ,

'National Telecom' of Thailand [Brought to you by Chandler MHM]

A first in the market
Following the Cabinet’s approval on 14 January 2020, a new state enterprise, National Telecom Public Company Limited or “NT”, was formed on 7 January 2021 by a merger of CAT Telecom Public Company Limited (“CAT”) and TOT Public Company Limited (“TOT”). NT has assets worth over THB300 billion in value including over 25,000 telecommunication towers nationwide, spectrum usages, underwater cables, radio frequency, underground conduits, fiber optic cables, 13 data centres across the nation and international telecommunications infrastructure, with more than 17,000 employees.
The merger was implemented through an amalgamation under Section 146 of the Public Companies Act of Thailand as a result of which NT has succeeded and assumed all rights, obligations and liabilities of both CAT and TOT by the operation of law. NT remains to be 100% owned by the Finance Ministry, under the control of the Digital Economy and Society Ministry. While NT’s ma ....

Krung Thep Mahanakhon , Arkrapol Pichedvanichok , Silom Bangrak , Telecom Public Company Limited , Public Company Limited , Society Ministry , National Telecom Public Company , Sathorn Square Office Tower , Public Companies Act Of Thailand , National Telecom Public Company Limited , Company Limited , Public Companies Act , Finance Ministry , Digital Economy , Sathorn Square Office , Sathorn Road , சிலோம் பேங்க்ராக் , தொலை தொடர்பு பொது நிறுவனம் வரையறுக்கப்பட்டவை , பொது நிறுவனம் வரையறுக்கப்பட்டவை , சமூகம் அமைச்சகம் , தேசிய தொலை தொடர்பு பொது நிறுவனம் , பொது நிறுவனங்கள் நாடகம் ஆஃப் தாய்லாந்து , தேசிய தொலை தொடர்பு பொது நிறுவனம் வரையறுக்கப்பட்டவை , நிறுவனம் வரையறுக்கப்பட்டவை , பொது நிறுவனங்கள் நாடகம் , நிதி அமைச்சகம் ,