\n

Thai authorities are also exploring using a distributed ledger technology<\/a> (DTL) to boost its oversight role \u2013 a step taken by countries like Singapore, the UK, and Japan. Other interest areas include the risks involved in protecting investors\u2019 assets, restricting the conflict of interest, and enhancing cybersecurity.<\/p>\n\n\n\n

Currently, Thailand allows for the trading of cryptos but restricts its use in payments. The Southeastern country is pushing for a central bank digital currency<\/a> (CBDC) \u2013 with a retail pilot program set to launch this month.<\/p>\n","post_title":"Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thailand-tightens-crypto-rules-in-the-wake-of-the-ftx-collapse-and-market-volatility","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/distributed-ledger-technology\/","post_modified":"2022-12-14 22:13:47","post_modified_gmt":"2022-12-14 11:13:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8805","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In addition, the commission is also following the steps of its US counterparts in restricting crypto advertisements by celebrities and influencers. SEC statement said, \u2018\u2018several digital asset service providers have spent money on advertising by hiring celebrities to lure investors, without disclosing information required by the rules.\u2019\u2019<\/em> It noted that \u2018\u2018all these events reflect the vulnerability of the digital asset industry and the lack of proper oversight.\u2019\u2019<\/em><\/p>\n\n\n\n

Thai authorities are also exploring using a distributed ledger technology<\/a> (DTL) to boost its oversight role \u2013 a step taken by countries like Singapore, the UK, and Japan. Other interest areas include the risks involved in protecting investors\u2019 assets, restricting the conflict of interest, and enhancing cybersecurity.<\/p>\n\n\n\n

Currently, Thailand allows for the trading of cryptos but restricts its use in payments. The Southeastern country is pushing for a central bank digital currency<\/a> (CBDC) \u2013 with a retail pilot program set to launch this month.<\/p>\n","post_title":"Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thailand-tightens-crypto-rules-in-the-wake-of-the-ftx-collapse-and-market-volatility","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/distributed-ledger-technology\/","post_modified":"2022-12-14 22:13:47","post_modified_gmt":"2022-12-14 11:13:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8805","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Thai SEC Plans To Curb Digital Assets Advertisements<\/h2>\n\n\n\n

In addition, the commission is also following the steps of its US counterparts in restricting crypto advertisements by celebrities and influencers. SEC statement said, \u2018\u2018several digital asset service providers have spent money on advertising by hiring celebrities to lure investors, without disclosing information required by the rules.\u2019\u2019<\/em> It noted that \u2018\u2018all these events reflect the vulnerability of the digital asset industry and the lack of proper oversight.\u2019\u2019<\/em><\/p>\n\n\n\n

Thai authorities are also exploring using a distributed ledger technology<\/a> (DTL) to boost its oversight role \u2013 a step taken by countries like Singapore, the UK, and Japan. Other interest areas include the risks involved in protecting investors\u2019 assets, restricting the conflict of interest, and enhancing cybersecurity.<\/p>\n\n\n\n

Currently, Thailand allows for the trading of cryptos but restricts its use in payments. The Southeastern country is pushing for a central bank digital currency<\/a> (CBDC) \u2013 with a retail pilot program set to launch this month.<\/p>\n","post_title":"Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thailand-tightens-crypto-rules-in-the-wake-of-the-ftx-collapse-and-market-volatility","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/distributed-ledger-technology\/","post_modified":"2022-12-14 22:13:47","post_modified_gmt":"2022-12-14 11:13:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8805","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

First, Thailand\u2019s SEC is creating a working committee comprising government authorities and private sector players to propose how to amend the current laws and regulations according to the changing market trends.<\/p>\n\n\n\n

Thai SEC Plans To Curb Digital Assets Advertisements<\/h2>\n\n\n\n

In addition, the commission is also following the steps of its US counterparts in restricting crypto advertisements by celebrities and influencers. SEC statement said, \u2018\u2018several digital asset service providers have spent money on advertising by hiring celebrities to lure investors, without disclosing information required by the rules.\u2019\u2019<\/em> It noted that \u2018\u2018all these events reflect the vulnerability of the digital asset industry and the lack of proper oversight.\u2019\u2019<\/em><\/p>\n\n\n\n

Thai authorities are also exploring using a distributed ledger technology<\/a> (DTL) to boost its oversight role \u2013 a step taken by countries like Singapore, the UK, and Japan. Other interest areas include the risks involved in protecting investors\u2019 assets, restricting the conflict of interest, and enhancing cybersecurity.<\/p>\n\n\n\n

Currently, Thailand allows for the trading of cryptos but restricts its use in payments. The Southeastern country is pushing for a central bank digital currency<\/a> (CBDC) \u2013 with a retail pilot program set to launch this month.<\/p>\n","post_title":"Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thailand-tightens-crypto-rules-in-the-wake-of-the-ftx-collapse-and-market-volatility","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/distributed-ledger-technology\/","post_modified":"2022-12-14 22:13:47","post_modified_gmt":"2022-12-14 11:13:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8805","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Such volatility, according to the agency, \u2018\u2018reflects the vulnerability of the digital asset industry and the lack of proper oversight.\u2019<\/em>\u2019 SEC\u2019s Fintech department has vowed to take a more proactive approach to protect investors in several ways.\u00a0 <\/p>\n\n\n\n

First, Thailand\u2019s SEC is creating a working committee comprising government authorities and private sector players to propose how to amend the current laws and regulations according to the changing market trends.<\/p>\n\n\n\n

Thai SEC Plans To Curb Digital Assets Advertisements<\/h2>\n\n\n\n

In addition, the commission is also following the steps of its US counterparts in restricting crypto advertisements by celebrities and influencers. SEC statement said, \u2018\u2018several digital asset service providers have spent money on advertising by hiring celebrities to lure investors, without disclosing information required by the rules.\u2019\u2019<\/em> It noted that \u2018\u2018all these events reflect the vulnerability of the digital asset industry and the lack of proper oversight.\u2019\u2019<\/em><\/p>\n\n\n\n

Thai authorities are also exploring using a distributed ledger technology<\/a> (DTL) to boost its oversight role \u2013 a step taken by countries like Singapore, the UK, and Japan. Other interest areas include the risks involved in protecting investors\u2019 assets, restricting the conflict of interest, and enhancing cybersecurity.<\/p>\n\n\n\n

Currently, Thailand allows for the trading of cryptos but restricts its use in payments. The Southeastern country is pushing for a central bank digital currency<\/a> (CBDC) \u2013 with a retail pilot program set to launch this month.<\/p>\n","post_title":"Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thailand-tightens-crypto-rules-in-the-wake-of-the-ftx-collapse-and-market-volatility","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/distributed-ledger-technology\/","post_modified":"2022-12-14 22:13:47","post_modified_gmt":"2022-12-14 11:13:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8805","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Financial regulators in Bangkok are planning to introduce stringent laws on digital assets aimed at \u2018\u2018investor protection,\u2019\u2019 according to a statement<\/a> sent to a local media publication. The Thai Securities and Exchange Commission has justified the steps following the collapse of FTX and Celsius \u2013 which affected investors in the region.<\/p>\n\n\n\n

Such volatility, according to the agency, \u2018\u2018reflects the vulnerability of the digital asset industry and the lack of proper oversight.\u2019<\/em>\u2019 SEC\u2019s Fintech department has vowed to take a more proactive approach to protect investors in several ways.\u00a0 <\/p>\n\n\n\n

First, Thailand\u2019s SEC is creating a working committee comprising government authorities and private sector players to propose how to amend the current laws and regulations according to the changing market trends.<\/p>\n\n\n\n

Thai SEC Plans To Curb Digital Assets Advertisements<\/h2>\n\n\n\n

In addition, the commission is also following the steps of its US counterparts in restricting crypto advertisements by celebrities and influencers. SEC statement said, \u2018\u2018several digital asset service providers have spent money on advertising by hiring celebrities to lure investors, without disclosing information required by the rules.\u2019\u2019<\/em> It noted that \u2018\u2018all these events reflect the vulnerability of the digital asset industry and the lack of proper oversight.\u2019\u2019<\/em><\/p>\n\n\n\n

Thai authorities are also exploring using a distributed ledger technology<\/a> (DTL) to boost its oversight role \u2013 a step taken by countries like Singapore, the UK, and Japan. Other interest areas include the risks involved in protecting investors\u2019 assets, restricting the conflict of interest, and enhancing cybersecurity.<\/p>\n\n\n\n

Currently, Thailand allows for the trading of cryptos but restricts its use in payments. The Southeastern country is pushing for a central bank digital currency<\/a> (CBDC) \u2013 with a retail pilot program set to launch this month.<\/p>\n","post_title":"Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thailand-tightens-crypto-rules-in-the-wake-of-the-ftx-collapse-and-market-volatility","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/distributed-ledger-technology\/","post_modified":"2022-12-14 22:13:47","post_modified_gmt":"2022-12-14 11:13:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8805","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/strong><\/em>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"Vietnam-Korea Relationship To Be Strengthened By Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vietnam-korea-relationship-to-be-strengthened-by-metaverse","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/south-korean-government-to-invest-187m-into-the-metaverse\/","post_modified":"2023-04-10 18:00:05","post_modified_gmt":"2023-04-10 08:00:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8894","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8805,"post_author":"13","post_date":"2022-12-14 22:12:09","post_date_gmt":"2022-12-14 11:12:09","post_content":"\n

Financial regulators in Bangkok are planning to introduce stringent laws on digital assets aimed at \u2018\u2018investor protection,\u2019\u2019 according to a statement<\/a> sent to a local media publication. The Thai Securities and Exchange Commission has justified the steps following the collapse of FTX and Celsius \u2013 which affected investors in the region.<\/p>\n\n\n\n

Such volatility, according to the agency, \u2018\u2018reflects the vulnerability of the digital asset industry and the lack of proper oversight.\u2019<\/em>\u2019 SEC\u2019s Fintech department has vowed to take a more proactive approach to protect investors in several ways.\u00a0 <\/p>\n\n\n\n

First, Thailand\u2019s SEC is creating a working committee comprising government authorities and private sector players to propose how to amend the current laws and regulations according to the changing market trends.<\/p>\n\n\n\n

Thai SEC Plans To Curb Digital Assets Advertisements<\/h2>\n\n\n\n

In addition, the commission is also following the steps of its US counterparts in restricting crypto advertisements by celebrities and influencers. SEC statement said, \u2018\u2018several digital asset service providers have spent money on advertising by hiring celebrities to lure investors, without disclosing information required by the rules.\u2019\u2019<\/em> It noted that \u2018\u2018all these events reflect the vulnerability of the digital asset industry and the lack of proper oversight.\u2019\u2019<\/em><\/p>\n\n\n\n

Thai authorities are also exploring using a distributed ledger technology<\/a> (DTL) to boost its oversight role \u2013 a step taken by countries like Singapore, the UK, and Japan. Other interest areas include the risks involved in protecting investors\u2019 assets, restricting the conflict of interest, and enhancing cybersecurity.<\/p>\n\n\n\n

Currently, Thailand allows for the trading of cryptos but restricts its use in payments. The Southeastern country is pushing for a central bank digital currency<\/a> (CBDC) \u2013 with a retail pilot program set to launch this month.<\/p>\n","post_title":"Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thailand-tightens-crypto-rules-in-the-wake-of-the-ftx-collapse-and-market-volatility","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/distributed-ledger-technology\/","post_modified":"2022-12-14 22:13:47","post_modified_gmt":"2022-12-14 11:13:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8805","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n
  • Japan, South Korea's neighbor, announced<\/a> that it would assist in developing this industry, believing that the development would give Japan and Asia a new economic pillar.<\/li>\n<\/ul>\n\n\n\n

    See Related: <\/strong><\/em>South Korean Government To Invest $187M Into The Metaverse<\/a><\/p>\n","post_title":"Vietnam-Korea Relationship To Be Strengthened By Metaverse","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"vietnam-korea-relationship-to-be-strengthened-by-metaverse","to_ping":"","pinged":"\nhttps:\/\/www.thedistributed.co\/south-korean-government-to-invest-187m-into-the-metaverse\/","post_modified":"2023-04-10 18:00:05","post_modified_gmt":"2023-04-10 08:00:05","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8894","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":8805,"post_author":"13","post_date":"2022-12-14 22:12:09","post_date_gmt":"2022-12-14 11:12:09","post_content":"\n

    Financial regulators in Bangkok are planning to introduce stringent laws on digital assets aimed at \u2018\u2018investor protection,\u2019\u2019 according to a statement<\/a> sent to a local media publication. The Thai Securities and Exchange Commission has justified the steps following the collapse of FTX and Celsius \u2013 which affected investors in the region.<\/p>\n\n\n\n

    Such volatility, according to the agency, \u2018\u2018reflects the vulnerability of the digital asset industry and the lack of proper oversight.\u2019<\/em>\u2019 SEC\u2019s Fintech department has vowed to take a more proactive approach to protect investors in several ways.\u00a0 <\/p>\n\n\n\n

    First, Thailand\u2019s SEC is creating a working committee comprising government authorities and private sector players to propose how to amend the current laws and regulations according to the changing market trends.<\/p>\n\n\n\n

    Thai SEC Plans To Curb Digital Assets Advertisements<\/h2>\n\n\n\n

    In addition, the commission is also following the steps of its US counterparts in restricting crypto advertisements by celebrities and influencers. SEC statement said, \u2018\u2018several digital asset service providers have spent money on advertising by hiring celebrities to lure investors, without disclosing information required by the rules.\u2019\u2019<\/em> It noted that \u2018\u2018all these events reflect the vulnerability of the digital asset industry and the lack of proper oversight.\u2019\u2019<\/em><\/p>\n\n\n\n

    Thai authorities are also exploring using a distributed ledger technology<\/a> (DTL) to boost its oversight role \u2013 a step taken by countries like Singapore, the UK, and Japan. Other interest areas include the risks involved in protecting investors\u2019 assets, restricting the conflict of interest, and enhancing cybersecurity.<\/p>\n\n\n\n

    Currently, Thailand allows for the trading of cryptos but restricts its use in payments. The Southeastern country is pushing for a central bank digital currency<\/a> (CBDC) \u2013 with a retail pilot program set to launch this month.<\/p>\n","post_title":"Thailand Tightens Crypto Rules In The Wake Of The FTX Collapse And Market Volatility","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"thailand-tightens-crypto-rules-in-the-wake-of-the-ftx-collapse-and-market-volatility","to_ping":"","pinged":"https:\/\/www.thedistributed.co\/central-bank-digital-currencies-cbdcs\/\nhttps:\/\/www.thedistributed.co\/distributed-ledger-technology\/","post_modified":"2022-12-14 22:13:47","post_modified_gmt":"2022-12-14 11:13:47","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=8805","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

    Most Read

    Subscribe To Our Newsletter

    By subscribing, you agree with our privacy and terms.

    Follow The Distributed

    ADVERTISEMENT
    \n