Deep Tide TechFlow News, April 8th, according to Cointelegraph, the Thai Securities and Exchange Commission (Thai SEC) proposed to include the funding sources behind major shareholders of cryptocurrency companies within the scope of regulatory approval. Whether providing support directly or indirectly, they must undergo the same regulatory scrutiny as shareholders.



The proposal aims to curb hidden capital flows and prevent illegal funds from infiltrating crypto companies. The rules also apply to indirect funding support through equity acquisitions. Thai SEC stated that "significant financial support" includes guarantees, contractual arrangements, or any investment instruments that effectively give the funder the status of an investor; if the main shareholder is a government-related entity, only the entity-level shareholding will be reviewed.
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