Thailand Government to amend AML laws to regulate cryptocurrency. Regulations like these are more likely to help people transact with confidence.
According to what I read on cointelegraph.com, Pol Maj Gen Preecha Charoensahayanon wants the exchanges to report their activities to AMLO's office, but there is something here that I don't understand:
- Why should people hand over their documents to anonymous exchanges?
- Why don't governments then allow banks to agree to partner with exchanges and legalize cryptos?
That would solve many problems.