“The extreme volatility of digital-asset prices has spurred the urgent need for improved supervision.”
-SEC Secretary-General Ruenvadee Suwanmongkol

 The Thai SEC, as of Wednesday, has officially opened “Crypto Academy,” a training program designed to educate the public about cryptocurrencies and blockchain technology. The academy boasts a variety of courses and workshops on various web3/crypto topics, such cryptocurrencies basics, ICOs, and digital asset regulation. The goal of Crypto Academy is to help the public make informed decisions about investing in cryptocurrencies and to promote the responsible use of this technology stack in Thailand.

 The SEC Crypto Academy begins by offering four courses- the first of which provides an introduction to the cryptocurrency market, and covers the fundamentals of blockchain technology. The second course focuses on the technical aspects of cryptocurrencies, including bitcoin and decentralization, while the third course covers important events in the history of cryptocurrencies, as well as the current and future state of the digital asset ecosystem, including non-fungible tokens and the metaverse, as well as discussing the outlook for the future of the cryptocurrency market. The fourth and final course offered by the Crypto Academy covers topics relating to investment strategies - including diversification, investor sentiment, asset management, and basic price analysis using charts and other indicators.

  To top it off, CQ, or crypto quotient, is a self assessment tool created and offered by SEC Crypto Academy which tests the potential investor on his/ her crypto forte- acting as a gauge of how prepared investors are for the inherent risks of investing in digital assets.

  “The more you know your investments, the less risk you will have.“

-Thai SEC

  Now something tells me that Thailand has the right idea about what it means to “protect” investors.

Follow me on Lens and Twitter. 

This post was created using the assistance of OpenAI.