Thailand Rolls Out New Rules To Tighten Crypto Advertising After Imposing Fines
NDTV
Thailand has rolled out new rules on advertising for cryptocurrency companies after the industry has come under greater scrutiny from authorities.
Thailand's Securities and Exchange Commission (SEC) has rolled out new rules on advertising for cryptocurrency companies after the industry has come under greater scrutiny from authorities.
The new rules include clearly showing investment risks in advertisements and providing a balanced view of potential risk and returns, the SEC said in statement on Thursday.
Information of advertising terms must also be given to regulators.
"Operators must give details of ads and spending including the use of influencers and bloggers to the SEC including terms and time frame," the SEC said, adding that operators had 30 days to comply with the new rules.