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Notification 2022 status not recorded

BOT Notification FPG. 6/2565: Regulations on commercial banks' financial business groups undertaking digital asset related businesses and transactions

Issued by Bank of Thailand

Plain-English summary

Applies to commercial banks and their financial business groups. Banks may handle digital asset transactions but not run digital asset businesses; group companies need BOT approval case by case, exposure is capped at 3% of capital, and credit for individuals' digital asset investment is barred. Announced on 6 October 2022.

Who it applies to

Banking · Crypto / VDA

Topics

Prudential & Capital Payments & Fintech / Digital Assets

Official source

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