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Dr. Nopnuanparn Pavasant
Assistant Secretary-General
SEC Thailand
Dr. Nopnuanparn Pavasant currently serves as Assistant Secretary-General of the Securities and Exchange Commission (SEC) Thailand, where she leads the strategic direction of financial innovation and Digital Technology. She is responsible for overseeing the Digital Asset Policy Department, Digital Asset Supervision Department and the Capital Market Infrastructure Center.
Since joining the SEC in May 2005, Dr. Pavasant has played a pivotal role in modernizing Thailand’s capital market regulatory framework. She was instrumental in the sixth amendment to the Securities and Exchange Act B.E. 2535 (1992), enacted in 2019, which laid the foundation for the development of FinTech in Thailand. She also contributed to the promulgation of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), the key legislation governing digital asset fundraising and business operations in the country.
Dr. Pavasant holds LL.M. degrees from Chulalongkorn University and the University of Cambridge, and a Doctor of Legal Science (SJD) from the University of Hong Kong. As Thai Barrister-at-Law since 2003, she previously practiced law at PricewaterhouseCoopers Legal & Tax Consultants (Thailand) Ltd. Her distinguished career reflects a deep commitment to fostering innovation while upholding market integrity and investor protection.
Speaking at SFF 2026
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2:15–2:45pmWed 18 NovPolicy StageHall 3, Singapore EXPOOpen
Policy Rewiring
RWA & Tokenization: When the Asset Becomes a Token, What Happens to the Rules?
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Audrey MetzgerDirector of Innovation & Financial Market InfrastructuresBanque de France
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Dr. Nopnuanparn PavasantAssistant Secretary-GeneralSEC Thailand
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Scott BauguessVice President, Global Regulatory & International PolicyCoinbase
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Prof. Tālis PutniņšCo-Chief Executive Officer & Chief ScientistDFCRCModerator
About this session
Tokenization is moving real-world assets such as treasuries, funds and credit onto new digital rails. The technology is advancing quickly. The harder question is whether the legal and regulatory framework can keep pace. When an asset becomes a token, does it retain the same rights and protections? Who owns the underlying asset? Which jurisdiction's rules apply when the token crosses a border? And what happens when different markets take different approaches? This conversation brings regulators and market participants together to examine where the rules are clear, where they diverge, and what still needs to be resolved for tokenized assets to scale.
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