Thailand to regulate use of digital assets as payments


Thailand's central bank has been stressing repeatedly that it does not support use of crypto as payments. - Reuters

BANGKOK, Jan 25 (Reuters): Thailand plans to ban digital asset operators from facilitating use of crypto as a means of payment for goods and services, its central bank and market regulator said on Tuesday, in a bid to limit risks.

Digital asset business operators have expanded their businesses to cover services related to the use of digital assets as payments, which may result in a wider adoption of such activity, they said in a joint statement https://www.bot.or.th/English/AboutBOT/Activities/Pages/JointPress_25012022.aspx.

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Thailand , Regulations , Digital Payments

   

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