Thailand

The SEC says the SDG Investor Map will promote the capital market as a mechanism for driving Thailand towards the UN SDGs.

The BOT said a stress test showed that banks are strong and have sufficient capital and reserves to cover future risks.

The data centre provides information on business operators, licensed individuals, and the products available - including digital assets.

ICO portals cannot provide services for digital token offerings if there is a conflict of interest, such as in situations where they hold shares in the issuer.

The SEC and CDP will co-develop a programme to improve the quantity and quality of environmental disclosures from corporates and FIs in Thailand.

Circulars were sent to listed companies regarding digital assets. The SEC's final advertising rules will take effect on 16 July. Huobi has exited the Thai market.

The BOT is planning to also introduce sandboxes in the virtual banking and digital assets space, the relevant regulations are in place.

Bangkok is envisioned as a regional hub for innovation-focused investors, with the goal of attracting entrepreneurs and stimulating strategic partnerships globally.

Thailand's Cabinet approved the measure in March. The decree formalises the VAT exemption retroactively from 1 April 2022, keeping it in place until 31 December 2023.

The revised rules apply to securities and derivatives businesses, digital asset operators, clearinghouses, depositories, exchanges, digital token platforms, and crowdfunding platforms.