SEC seeks to regulate decentralised finance

2 June 2021
Bangkok Post
Securities exchange policy and regulation
decentralised finance / DeFi / digital coin

Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.

The statement was released on Sunday afternoon after a DeFi farming platform named Tuktuk Finance debuted on Bitkub Chain in the morning. The price of TUK token, the native token of Tuktuk Finance, soared to several hundred US dollars and then collapsed to $1 within just a few minutes.

Keep reading…

 Bangkok Post Reporter

Ask Question
Report Problem
Share Idea
Send Feedback
Submit Resources

Do you have questions on the content published by Open Development Thailand? We will gladly help you.

Have you found a technical problem or issue on the Open Development Thailand website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Thailand website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

View | Delete

File was deleted

ERROR!

Please add the code:

* The idea box couldn't be blank! * The email address is not valid! Something's gone wrong, Please Resubmit the form! Please add the code correctly first.

SEC seeks to regulate decentralised finance

Contact us

Thank you for taking the time to get in contact!