Today news
About the same in other media
Thailand to define ‘red lines‘ for crypto in early 2022
Reading now: 455
The government of Thailand is preparing a new regulatory framework for cryptocurrencies like Bitcoin (BTC) in order to minimize risks and improve investor protection.
The Bank of Thailand (BoT) will release a consultation paper in January that will define “red lines” for the crypto industry, governor Sethaput Suthiwartnarueput said in a Dec. 14 interview with The Bangkok Post.
“We want to ensure that we strike the right balance between allowing financial innovation and managing risks,” the official stated. The new rules will provide adequate safeguards for consumers as “risks are under-appreciated” currently, Sethaput said.
The central bank is cooperating with the Thai Securities and Exchange Commission and the finance ministry to point out
Read more on cointelegraph.comAbout this in other media
Speed, scaling, regulation to play key role for crypto in 2022: FTX CEO cointelegraph.com /2 years ago
Thailand tech firm shares appreciate by 6700% post launching Bitcoin mining ops ambcrypto.com /2 years ago
'Uniquely DOGE Proposal', Binance 'Funds SAFU', Monero-Mining Spider-Pirates, Late Thai CBDC + More News cryptonews.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
