Thailand's government has said it will not ban cryptocurrency trading under new regulations for the assets. The country's finance minister told a conference that discussions with relevant financial agencies had produced agreement on the need for greater regulation, but also that they cannot stop the use of such currencies. A working group has been set up by the central bank, the Securities and Exchange Commission, Finance Ministry and Anti-Money-Laundering Office to consider what measures are necessary. It's expected to produce recommendations within yesterday.
Thailand's government has said it will not ban cryptocurrency trading under new regulations for the assets. The country's finance minister told a conference that discussions with relevant financial agencies had produced agreement on the need for greater regulation, but also that they cannot stop the use of such currencies. A working group has been set up by the central bank, the Securities and Exchange Commission, Finance Ministry and Anti-Money-Laundering Office to consider what measures are necessary. It's expected to produce recommendations within a month.