Thailand announces cryptocurrency regulation as means of payment

Twitter icon  •  Published há 2 anos  •  Mark Weaden

The announcement came from the Bank of Thailand, the Thai Securities and Exchange Commission, and the Ministry of Finance

Thailand has announced that the country will now be regulating cryptocurrency as a means of payment for goods and services. The announcement came from the Bank of Thailand, the Thai Securities and Exchange Commission, and the Ministry of Finance.

After reviewing the benefits and risks of crypto assets, Thailand’s regulatory bodies concluded that they “deem it necessary to regulate the usage of digital assets as a means of payment for goods and services, to avert potential impacts on the country’s financial stability and economic system.”

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Mark Weaden

Mark Weaden is a British researcher and crypto enthusiast, living in Barcelona. His work has been published on a variety of leading cryptocurrency sites.