Digital asset depository service providers already operating in Thailand have until 11 October to submit a licence application to the SEC.
The initiative will allow finance students from eight universities to gain experience in financial markets trading using Bloomberg data and tools.
The regulatory changes are in part a response to a liquidity crisis at Zipmex, one of Thailand’s leading digital asset exchanges.
The guideline is being developed with Chulalongkorn University to help listed entities adopt concrete human rights due diligence practices in line with the UNGPs.
The next phase of retail CBDC testing will involve Bank of Ayudhya, Siam Commercial Bank, payments provider 2C2P, and technology from Giesecke+Devrient.
The approvals come as the SEC continues to investigate Zipmex, which operates in Thailand, Singapore, Indonesia and Australia.
The amendments will prevent listed companies from operating as investment companies and circumventing rules applicable to fund managers.
The central banks of Indonesia, Malaysia, the Philippines, Singapore and Thailand will formally sign an agreement on payment connectivity in November.
The SEC amended capital requirements and other rules for crypto firms. The BOT issued draft rules for banks dealing in crypto. Two crypto exchanges were penalised.
The SEC says the SDG Investor Map will promote the capital market as a mechanism for driving Thailand towards the UN SDGs.
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