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Bangkok Post
Bangkok Post
Business

Year of tighter regulations

The collapse of FTX, one of the world's largest crypto exchanges, revealed a lack of effective management and regulations in the industry. REUTERS

Throughout 2022 digital asset businesses were under scrutiny from the Securities and Exchange Commission (SEC), imposing several new regulations to mirror the international market, with the objective of improving investor protection.

For example, the regulator announced on Oct 31 digital businesses must seek the approval of the SEC if they plan to have a major shareholder.

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