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Warning issued over DeFi transactions

The Securities and Exchange Commission (SEC) is warning investors to exercise caution when making decentralised finance (DeFi) transactions, saying there are risks and they do not fall under the supervision of the country's regulators. ....

Exchange Commission , Bitkub Ventures Under Butkub Capital Group Holdings , Celsius Network , Babel Finance , Bitkub Ventures , Butkub Capital Group Holdings , Thai Defi ,

Thailand to target DeFi in latest regulatory clampdown


Thailand to target DeFi in latest regulatory clampdown
A new DeFi yield farming platform in Thailand has rattled regulators.
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News
In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights towards decentralized finance, or DeFi.
According to a June 1 report from
Bangkok Post,
Thailand’s Securities and Exchange Commission (SEC) has announced that any activities related to DeFi may require a license from the financial regulator in the near future. The SEC specifically stated it will target DeFi protocols that issue tokens.
The latest regulatory push comes after the launch of the native token for Thai DeFi protocol, Tuktuk Finance, on the smart contract platform operated by popular local crypto exchange Bitkub on Sunday. ....

Krung Thep Mahanakhon , Niran Pravithana , Exchange Commission , Siam Commercial Bank , Bangkok Post , Thai Defi , Tuktuk Finance , Digital Asset Decree , Ava Advisor , பரிமாற்றம் தரகு , சியாம் வணிகரீதியானது வங்கி , பாங்காக் போஸ்ட் , டிஜிட்டல் சொத்து ஆணை ,

Thai SEC looking to regulate decentralised finance


Thailand’s financial market regulator has taken a keen interest in decentralised finance
According to a story reported earlier today by The Bangkok Post, the Thailand Securities and Exchange Commission is set to turn its attention towards the country’s DeFi space. The commission released a statement on Sunday saying that any DeFi-related activities may soon have a compulsory license requirement imposed by the regulator.
“The issuance of digital tokens must be authorised and overseen by the Securities and Exchange Commission, and the issuer is required to disclose information and offer the coins through the token portals licensed under the Digital Asset Decree,” the regulatory agency said. ....

Krung Thep Mahanakhon , Dome Charoenyost , Niran Pravithana , Exchange Commission , Bangkok Post , Thailand Securities , Digital Asset Decree , Tuktuk Finance , Thai Defi , பரிமாற்றம் தரகு , பாங்காக் போஸ்ட் , தாய்லாந்து பத்திரங்கள் , டிஜிட்டல் சொத்து ஆணை ,