Thailand's securities watchdog has prohibited the use of cryptocurrencies
There is also a risk of digital assets being used for money laundering or as a tool for financing terrorism.The Thai SEC has also emphasized that it will still be legal to invest in digital currencies. Thais hold roughly $3.4 billion worth of cryptocurrencies as of January.
In fact, it says that it supports innovation related to blockchain technology. It is worth noting that Thailand is one of the leaders in the central bank digital currency race., the world's largest exchange, with a criminal complaint. In January, the company signaled its intention to open a new branch in Thailand.
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