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Coin Asset denied  digital-asset licence 

Jan 14. 2019
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By The Nation

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The Securities and Exchange Commission (SEC) yesterday announced that the Finance Ministry, on the recommendation of the SEC board, has rejected the application for digital-asset business licences from Coin Asset Co Ltd, which operate website coinasset.co.th, saying that company had major change in its management team. 

 

As a result the company's system will not ready to support with the business, SEC said.

Following the rejection, the company has to transfer its customers to others operators who have operation licence within January 21, 2019. 

 

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