Thai SEC bans exchanges from dealing with sure token varieties together with NFTs

Thailand’s Securities and Trade Fee has accepted pointers prohibiting crypto exchanges within the nation from supporting 4 various kinds of tokens in sure circumstances.

In a Friday announcement from the Thai SEC, the regulatory physique stated that Secretary-Common Ruenvadee Suwanmongkol had accepted crypto alternate pointers, Notification 18/2564 on “Guidelines, Situations and Procedures for Enterprise Digital Asset Enterprise,” on Wednesday to enter impact. The brand new guidelines ban Thai exchanges from dealing with meme-based tokens, fan-based tokens, nonfungible tokens (NFTs) and exchange-issued tokens.

Supply: Thai Securities and Trade Fee