Laws enabling 100% electronic fundraising and digital asset transactions have been endorsed to support G-Token adoption.
Assoc. Prof. Dr. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), said the Cabinet has approved amendments to key financial laws. These include revisions to the Securities and Exchange Act, the Futures Trading Act, the Trust for Capital Market Transactions Act, and the Emergency Decree on Digital Asset Businesses, all proposed by the Ministry of Finance.
The revisions aim to align digital securities oversight with international standards. Key features include digital processing for capital market operations, standardized fee structures, expanded penalty provisions, and enhanced whistleblower protection during investigations. This legal framework also enables the Public Debt Management Office to issue a G-Token, a new type of digital asset, to raise 5 billion baht from retail investors to offset the fiscal year 2025 deficit.
The SEC views this move as a way to support fully digital fundraising mechanisms, both for equity and debt instruments. Transactions, enforcement, debt repayment, and investor protection can now be executed without paper. Once approved by Parliament, the SEC will issue supporting regulations to implement these laws.
This will significantly lower transaction costs, increase liquidity in secondary markets, and make it easier for retail investors to access capital markets. It also marks a critical shift toward a fully integrated digital financial infrastructure, something long awaited by capital market operators.
Source: NNT
Cabinet Approves Significant Changes to Enhance SEC’s Digital Asset Framework
