The SEC
has continuously monitored, coordinated with, and reviewed the remediation
efforts of ERX. It found that ERX remains unable to resolve its capital
maintenance deficiency to date. Therefore, the SEC Board, at the meeting
on 5 February 2026, acting under Section 35(1) of the Emergency Decree on
Digital Asset Businesses B.E. 2561 (2018), resolved to order ERX to rectify its
operations to ensure compliance with the capital maintenance requirements by 12
February 2026, as proposed by ERX. The company is
also required to report its remediation progress to the SEC.
In
addition, the SEC Board instructed ERX to rectify its board governance
structure. At a minimum, ERX must present a plan for appointing new directors
to replace those who have resigned, in order to comply with the applicable
regulatory requirements.
The SEC
places strong emphasis on monitoring licensed digital asset business operators,
including requiring daily reporting of clients’ asset information, to ensure
strict compliance with the relevant rules and regulations. For inquiries, ERX clients
may contact the company’s customer service center or reach the SEC Complaint
Center via hotline 1207, extension 9, via email at info@sec.or.th, the SEC’s
Facebook page “สำนักงาน กลต.”, or the SEC Live Chat at
www.sec.or.th.
Notes:
* SEC
News No. 1/2026 “SEC Directs ERX Co., Ltd. to Closely Communicate and Assist
Clients Following Temporary Suspension of Business Operations Due to Failure to
Maintain Adequate Ongoing Capital Requirement”
English (United States)
News_Detail
* SEC
News No. 7/2026 “SEC conducts inspection of ERX after temporary suspension of
operations and finds all client assets remain intact”
English (United States)
News_Detail