The Thai Securities and Exchange Commission (SEC) is preparing to impose more stringent regulations on digital assets to mirror the global market, with the aim of increasing investor protection.
This year the digital asset market has suffered through several events that have dented confidence in the industry, its players and regulations. These included the collapse of the Luna cryptocurrency network, the TerraUSD (UST) stablecoin of the Terra blockchain, and Three Arrows Capital, a Singapore-based cryptocurrency hedge fund.
