Thai SEC grants four and denies two cryptocurrency licenses
The Thai securities and exchange commission (SEC) has granted operating licenses to four applications from businesses wanting to operate digital asset and cryptocurrency-based businesses. The four applicants granted a licence are: Bitcoin Exchange Co., Ltd., Bitkub Online Co., Ltd., and Satang Corporation, and Coins TH Co., Ltd. The first three of these are digital asset exchanges, while the fourth is a cryptocurrency brokerage. While four businesses were granted a license, two others were not as successful. Applications from Cash2coin and Southeast Asia Digital Exchange Co. (SEADEX) were both rejected after failing to meet the required approval criteria set out by…
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