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Thailand is on its way to regulate cryptocurrencies as the prospect has received the nod from financial experts, reported the Bangkok Post.
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Based on the proposals, the Securities and Exchange Commission (SEC) will be the responsible authority regulating all types of digital assets, given its long-time involvement in monitoring the development of digital coins in the Thai markets.
The Thai Fintech Association (TFA) supported the proposal for the SEC to take the charge, and the TFA’s chairman Korn Chatikavanij revealed that the agency has consulted with the SEC, ... (read more)