Act 2018
Emergency Decree on Digital Asset Businesses B.E. 2561 (2018)
Plain-English summary
Requires a licence from the Minister, on the SEC's recommendation, for digital asset exchanges, brokers and dealers (Section 26), SEC approval for token offerings (Section 17) and for digital token portals (Section 19). Section 7 treats operators and portals as financial institutions under the anti-money laundering law.
Who it applies to
Crypto / VDA
Topics
AML / CFT / Sanctions Market Integrity & Securities Payments & Fintech / Digital Assets
Latest news
-
US sanctions bill targets Russian energy sector under Graham legislation
3 Oct 2026
Proposed United States legislation aims to impose sanctions targeting Russia's energy infrastructure and related financial flows. Named in honor of the late Senator Lindsey Graham, who was a prominent Ukraine aid…
-
AUSTRAC Examines Western Union AML Controls and Transaction Monitoring
26 Sep 2026
Australia's financial intelligence unit has initiated a formal investigation into Western Union's anti-money laundering framework and compliance infrastructure. The regulatory examination focuses on the company's…
-
RBI finalizes Basel III market risk capital requirements for banks
26 Sep 2026
The Reserve Bank of India has issued final Directions on minimum capital requirements for market risk under the revised Basel III framework, effective April 1, 2027. The framework adopts the Simplified Standardised…
-
RBI penalizes Ola Financial Services for KYC compliance failures
25 Sep 2026
The Reserve Bank of India imposed a monetary penalty of ₹3.10 lakh on Ola Financial Services Private Limited for non-compliance with KYC directions under the Payment and Settlement Systems Act, 2007. Following a…