Thailand's SEC plans to include the behind-the-scenes funders of crypto companies in shareholder regulatory reviews

MarsBitNews · 2026-04-08T11:54:39+00:00

The Thai Securities and Exchange Commission proposes to include the funding sources of major shareholders of cryptocurrency companies under regulatory approval, aiming to prevent capital infiltration and ensure that all funding support activities are subject to review. This proposal applies to both direct and indirect funding support methods.

MarsBitNews

2026-04-08 11:54:39

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Mars Finance reports that, according to Cointelegraph, the Securities and Exchange Commission of Thailand (Thai SEC) has proposed bringing into the scope of regulatory approval the funding providers behind the main shareholders of cryptocurrency companies. Whether they provide support directly or indirectly, they must undergo regulatory scrutiny on the same basis as the shareholders. The proposal is intended to curb hidden capital flows and prevent illegal funds from seeping into crypto businesses. The same rules also apply to conduct that provides funding support indirectly through equity acquisitions. Thai SEC said, “material funding support” includes guarantees, contractual arrangements, or any investment instruments that, in substance, give the funding party the status of a contributor; if the main shareholder is a government-related institution, then only shareholding at the entity level will be reviewed.

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