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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Tanimariya on June 01, 2021, 11:19:29 AM

Title: Thai SEC Warns DeFi Transactions Could Be Subject to Law Involving Licensing
Post by: Tanimariya on June 01, 2021, 11:19:29 AM
The regulator is signaling it may move to regulate the country's DeFi sector. Thailand’s Securities and Exchange Commission may move to regulate decentralized finance (DeFi) projects in the country, including the issuance of digital tokens.

In an announcement on Sunday, the securities regulator said DeFi activity involving digital tokens such as liquidity provider tokens, governance tokens or tokens issued to those transacting in DeFi projects “must be licensed and abide by the specified rules.” Source

 (https://www.coindesk.com/thailand-sec-defi-law)