
AiCoin|Apr 08, 2026 11:33
[Thailand SEC Proposes Including Crypto Business Funding Providers Under Regulatory Review]
The Thai Securities and Exchange Commission (Thai SEC) has proposed including the funding providers behind major shareholders of cryptocurrency businesses under regulatory approval, requiring them to undergo the same level of scrutiny as shareholders, whether they provide support directly or indirectly. The proposal covers actions that indirectly provide funding support through equity acquisitions and defines 'significant funding support' as guarantees, contractual arrangements, or other investment instruments that grant the funding provider the status of an investor. If the major shareholder is a government-related entity, only the shareholding structure at the entity level will be reviewed.
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