The Securities and Exchange Commission (SEC) welcomes opinions on improvements to the rules for providing services to clients of digital asset money managers and digital asset advisors. with respect to transactions on Clearly Decentralized Finance Platform (DeFi Platform) to prevent solicitation of the public to use the service in a wide range due to high risk. There are cases of scams and cyber thefts. causing damage and may not have the opportunity to prosecute or pursue recovery
At present, technology has been applied in the form of financial services. Decentralized Finance (DeFi), a decentralized financial service. not relying on intermediaries by using a mechanism to control various operations to meet the conditions specified through smart contracts, which in the past have been interested in providing advice or manage to exploit clients’ funds or digital assets through transactions on the DeFi platform, such as lending and borrowing digital assets. Using digital assets to increase liquidity to earn interest and fees, etc.
The Securities and Exchange Commission (SEC) sees that the transaction is still new. There are various types and styles of services. and may be subject to various relevant laws and most of them both domestically and internationally are still in the process of considering which agency to provide such services under supervision. including high risk And in the past there have been cases of deception. cyber theft causing damage to investors and may not have the opportunity to track down As the power to access and control the assets belongs solely to the platform developer.
The SEC therefore has an idea to clarify the guidelines for providing services to clients of digital asset money managers and digital asset advisors. According to the resolution of the SEC meeting no. 15/2021 on September 2, 2021 as follows: (1) Digital asset money managers are prohibited from bringing their customers’ digital assets to any transaction on the platform. DeFi and (2) prohibit digital asset advisors from giving advice to clients. or conducting an analysis of DeFi in order to prevent widespread public solicitation of such services.
The SEC has published a public hearing document on the matter on the SEC website. https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=772 Those involved and interested can express their opinions on the website or by e-mail: [email protected] [email protected] and [email protected] Until January 7, 2022
For people interested in transacting on the DeFi platform, they should study the DeFi project thoroughly, both technically and safely. including terms, conditions, and functionalities written on the system. including the risks involved and if there are any clues or dishonest behavior You can report or make a complaint at “SEC People’s Service Center” call 1207 or via Facebook page “SEC Office” or SEC Live Chat at the SEC website
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