Thailand Government to amend AML laws to regulate cryptocurrency. Regulations like these are more likely to help people transact with confidence.
We have seen countries around the Asia region that had at least implemented AML/KYC for local exchanges. So it make sense for Thailand and their Anti-Money Laundering Office (AMLO) to implement it to crypto as well. But to transact with confidence? I'm not really sure about that.
Crypto is supposedly freedom, but if government will put a blanket and wanted to follow everyone transaction crypto then it will defeat the purpose on why we are in crypto in the first place, just saying.