Thailand tightens rules on crypto advertising

BANGKOK: 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 recently.

“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.