Thailand lifts personal investment restrictions on digital tokens

The Thai capital market regulator lifted restrictions on retail investors purchasing digital tokens supported by real estate and infrastructure projects to promote fundraising for these securities. The Thai Securities and Exchange Commission stated in a statement on Thursday that the investment limit of 300,000 baht per person has been lifted to support financing through digital technology and maintain consistency with investment risks. The lifting of investment restrictions took effect on January 16th. The Securities and Exchange Commission also announced modifications to some rules for custodian wall providers and digital asset business operators to strengthen the supervision of digital asset business. (Jinshi)