SEC launches “Digital Asset Regulatory Sandbox” project to improve digital asset innovation

Office of the Securities and Exchange Commission (SEC) He revealed that he has moved forward to encourage the development of innovation in the project. Digital asset management sandbox To develop the digital asset business to provide various services. By using technology to provide services. to reduce operating costs Promote efficiency in the provision of services and provide opportunities for investors to access new and better services Recently, it has allowed the first applicant to participate in the trial .

The SEC has opened applications for those interested in participating in the project to test and develop innovations to support digital asset business services (digital asset management sandbox) to enable these business services -to promote beneficial and beneficial digital assets Under flexible regulatory guidelines last August.

Many interested parties brought innovative ideas for digital asset services to the SEC, and there were applicants who passed the criteria for consideration and were allowed to test services under the box- digital sand as a case 1 already, which will be tested the Bank of Thailand‘s enhanced regulatory sandbox project at the same time.

For the Digital Asset Management Sandbox project, it supports 6 types of digital asset services: Digital Asset Trading Centerdigital asset broker, Digital asset trader, Digital Asset Manager
Digital Asset Advisor and digital asset protection service providers Project partners must produce innovation to develop digital asset services in Thailand’s capital market, such as Implementation of smart contracts (smart contract) To increase efficiency in transactions Using artificial intelligence (AI) to provide investment advice or management services and using techniques to increase the liquidity of the secondary market for digital tokens for investment, etc.

The SEC invites those who have innovations to be used in the development of digital asset services in the Thai capital market to apply.
Join the project Those interested can see details about requesting permission to join the project at the link. DigitalAsset Management Sandbox.pdf Or ask for more information at [email protected]