Post
Topic
Board Bitcoin Discussion
Re: AML laws to regulate cryptocurrency
by
Darker45
on 06/08/2019, 12:44:17 UTC
Thailand Government to amend AML laws to regulate cryptocurrency. Regulations like these are more likely to help people transact with confidence.

This is the best compromise. Thailand looks more mature than other countries in this matter. There is no need to completely ban the use of cryptocurrency as other countries are doing. Thailand must have studied the vast benefits their citizens as well as visitors could take out of it. I know Thailand is one of the economic tigers in Southeast Asia. This will certainly benefit the country's business environment. You cannot be too unfriendly to rising fintech revolutions if you want to promote your country as a financial hub.