Thailand's Positive Thoughts for Crypto Law Making

Thailand's Positive Thoughts for Crypto Law Making

By HowToVids | Crypto Blockchain News | 2 Dec 2019


Although some people have thought that crypto will die soon. But there are some continues good news worldwide that counter this narrative. Recently heard of Germany creating law for crypto and now a piece of news from Thailand. That they are considering a law for crypto in the near future.

Binance CEO Changpeng Zhao said "Thailand joins the party. Bitcoin still not dead."

Ruenvadee Suwanmongkol, from SEC, said. “The [SEC] must be flexible to apply the rules and regulations in line with the market environment…laws should not be outdated and should serve market needs, especially for new digital asset products, and be competitive with the global market. We need to explore any possible obstacles.”

More he said “For example, laws should not be outdated and should serve market needs, especially for new digital asset products, and be competitive with the global market. We need to explore any possible obstacles.”


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