Thailand’s capital markets regulator has lifted restrictions on retail investors buying digital tokens backed by real estate and infrastructure projects in a bid to boost capital raisings in these securities.
The Securities and Exchange Commission of Thailand said in a statement on Thursday that it has lifted the investment limit of 300,000 baht per person. The goal is to support financing through digital technologies and align with investment risk. The lifting of investment restrictions has taken effect from January 16. The SEC also announced changes to some rules for custody wall providers and digital asset business operators to strengthen supervision of digital asset businesses. (Golden Ten)