Thailand wants to protect crypto investors

Thai authorities have been tightening control over the cryptocurrency market for the past few years.
In December 2021, the Central Bank announced that it would not allow destabilization in the financial sector. For this purpose, the regulator plans to develop a regulatory framework to ensure maximum transparency of transactions with digital assets.
This week, the Securities and Exchange Commission of Thailand (SEC) confirmed the authorities’ tough stance. It will pay special attention to the safety of crypto investors. The collapse of blockchain companies has forced the SEC to step up its work in this area.

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