Home » Business » SEC continues to worry about Thai Bitcoin investors, open to comment on 1 million baht income to the end of the month.

SEC continues to worry about Thai Bitcoin investors, open to comment on 1 million baht income to the end of the month.

Yesterday at around 5:00 pm, the Securities and Exchange Commission (SEC) made a live broadcast via Facebook fan page. SEC Office On the topic “Dig into all issues, crypto investor qualifications,” it has been viewed more than 3.8 thousand times and has made over 5.7 thousand comments.

After the intense pressure from Thai investors on trading terms and conditions. Cryptocurrency That the SEC is preparing to come out to protect investors Therefore, a statement and answer to the question on the issue and the hearing is open to listen to opinions at the moment.

Assistant Secretary Ms. Jomkwan Kongsakul said that there are currently no rules for investing in Cryptocurrency in any way, now it is only an open hearing or hearing. By moving out this time due to the concern of investors of the SEC.

2 key issues that the SEC cares for investors

In 2018, with the issuance of the Digital Assets Act B.E. At that time, the SEC saw investors as a fan of the fandom and perceived risks well. Therefore, there is not much concern or the issuance of investor protection regulations.

After a period of more than 1 year, there are a number of account holders. Cryptocurrency Almost doubled Currently, there are more than 4.8 hundred thousand accounts and there are also investors who are under 20 years old, which caused the SEC to be concerned in 2 main points as follows:

  1. Investor knowledge

“Not understanding what we invest in It is the greatest risk… Crypto is a very volatile asset, when it is very high we are concerned with investors. Reiterated that it was some investors “Assistant Secretary-General Said the fundraiser.

  1. Ability to take risks

Miss Jomkwan Kongsakul said the ability to take risks is the most important aspect of any crypto investment. The SEC worries investors who borrow debt, borrow money, to invest in the hope of getting rich in a shortcut. But if already invested “No shin hair” the office is not concerned with any.

In the middle to the end of the Live, Q&A was opened from the audience online.

With questions that in the draft that defines the properties Must have 2 years of crypto investment experience? The SEC says it doesn’t count on the number of years. I just want to invest in crypto before. Whether investing in Thailand or abroad, it is qualified.

Another interesting question is If I am an investor who does not meet the requirements but I already have a crypto trading account, how can I continue trading?

Mrs. Napha Nuanphan said that “People who already have accounts today But not up to the investor threshold Existing accounts do not have to sell out, can hold on, but purchases are added. Investors must meet certain criteria. Which the criteria have not yet been determined exactly how much Because it is still in the process of hearing “

In the end, there is no conclusion yet as to whether or not the criteria under this draft will apply. Because this is just the beginning of hearing (Hearing) by now everyone can go in to comment on the link. https://bit.ly/2OgRwaL

Which will be open to all people to share their opinions until March 27, and there will be a Live Chat again on March 24, 2021.

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