Thai SEC Deputy Secretary: New Regulation Allows for Digital Shares, Tokenized Securities
Cointelegraph
Published May 02, 2019 11:08AM ET
Updated May 02, 2019 11:24AM ET
Thai SEC Deputy Secretary: New Regulation Allows for Digital Shares, Tokenized Securities
The Thai Securities and Exchange Commission (SEC) deputy secretary-general Tipsuda Thavaramara has said that the recently introduced regulation allows for the issuance of digital shares and a tokenized securities depository platform. English-language local media Bangkok Post reported the declarations on May 2.
In her comments, Thavaramara referred to the amendment to the Securities and Exchange Act of 2019, which is in effect since April 17. Per the report, the SEC urges all stakeholders to prepare for the amended act, which aims to help Thailand introduce blockchain use in trade and security tokenization.
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