SEC revises the digital asset business licensing manual for more convenience of business operators
Tuesday 12 May 2020 | No. 93 / 2020
Bangkok, 12 May 2020 – SEC has revised the licensing manual on digital asset businesses to provide more convenience for business operators and an inquiry channel for those wishing to apply for a digital asset business license, in compliance with the Licensing Facilitation Act B.E. 2558 (2015).
The revised licensing manual gives more
convenience to business operators wishing to apply for a digital asset business
license by adding the checklist of required documents, the rules related to the
arrangement of information technology system to support IT audit, and a summary
of the business and compliance system. The revision is a result of the workshop
on consideration of application for undertaking digital asset businesses wherein
experts from CMKL University gave advice on how to improve the process for considering
applications and granting digital asset business licenses.
The licensing manual on digital asset businesses has been created in
compliance with the Licensing Facilitation Act B.E. 2558 (2515) to clearly specify
the process and duration for considering application approval and to provide
convenient contact and inquiry channels in accordance with the Royal Decree on
Rules and Procedures for Good State Administration. More information on the
licensing manual is available at https://www.sec.or.th/TH/Documents/ManualSelect/manual-25610725-digitalasset-1.pdf
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