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Taylan Securities and Exchange Commission introduces new rules

Uğur Bayram

Aug 24, 2021

The SEC said in a statement that the Thai Securities and Exchange Commission will introduce new rules on digital assets to protect investors.

The SEC said in a statement that the Thai Securities and Exchange Commission will introduce new rules on digital assets to protect investors.
With these rules, an investor will not be able to use their digital asset to lend for interest.
As the SEC recommends, crypto custodians will only be able to deposit investors' assets in a commercial bank.
Crypto custodians will now have to replace their clients' assets every business day to protect their clients' assets.
The SEC said crypto custodians should also protect their assets with a decentralized approval system, just like digital assets.
The draft containing these new rules will be available to the public by September 22.

Attention to Investors!

The information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is provided by authorized institutions with the individual's risk and profit preferences taking into account. The comments and recommendations on the other hand here are general. These recommendations may not be suitable for your financial situation and risk and profit preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.

PiSoCrypto Team

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