By Mr. Kunal Sachdev (Regional Legal Adviser) and Ms. Thamonwan Na Nakara (Legal Adviser) After several rounds of draft circulations and public hearings, on 13th May 2018, the Emergency Decree on the Digital Assets Businesses B.E. 2561 (2018) (the “EDDAB”) and the Emergency Decree on…

On Sunday, May 13, two Royal Decrees were published in the Thai Government Gazette, addressing matters relevant to cryptocurrencies and digital tokens. These Royal Decrees clarify some longstanding questions about initial coin offerings (ICOs) and related matters. One of the Royal Decrees sets out the…