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SEC urges the public to be cautious and refrain from THT transactions liable to violation of law as stated in BOT press release



Wednesday 17 March 2021 | No. 54 / 2021


Bangkok, 17 March 2021 – The Securities and Exchange Commission (SEC) advises the public to be cautious and refrain from involvement in Thai Baht-denominated stablecoins (THT) transactions, as detailed in the Bank of Thailand Press Release No. 15/2564 issued today under the headline, “Thai Baht-denominated Stablecoins” because participation in THT-related activities may be considered a violation of law.




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Building Confidence in the Capital Market
NEWS
Securities and Exchange Commission
Corporate Communication and Investor Service Department
Tel. (66)2033-9502-5 E-mail: press@sec.or.th
No. 54 / 2021 Wednesday 17 March 2021
SEC urges the public to be cautious and refrain from THT transactions liable to violation of law as stated in BOT press release
Bangkok, 17 March 2021 – The Securities and Exchange Commission (SEC) advises the public to be cautious and refrain from involvement in Thai Baht-denominated stablecoins (THT) transactions, as detailed in the Bank of Thailand Press Release No. 15/2564 issued today under the headline, “Thai Baht-denominated Stablecoins” because participation in THT-related activities may be considered a violation of law.