Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The announcement was issued by the Bank of Thailand, the Thai Securities and Exchange Commission, and the Ministry of Finance. Cryptocurrency Will Be a Means of Payment in Thailand The Bank of Thailand (BOT), the Thai Securities and Exchange Commission (SEC), and the country’s Ministry of Finance (MOF) jointly announced Tuesday their plan to regulate cryptocurrency as a....
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