Thai PM Calls for Stricter Crypto Regulations

© Reuters.   Thai PM Calls for Stricter Crypto Regulations © Reuters. Thai PM Calls for Stricter Crypto Regulations

Thai Prime Minister Wissanu Krea-ngam has called for more regulations on digital assets and cryptocurrencies, local newspaper Bangkok Post reports.

Speaking at the Counter-Terrorism Financing Summit, Wissanu highlighted the necessity to address possible threats in crypto security. Although the Kingdom of Thailand introduced a regulatory framework earlier this year, the Prime Minister urged new measures, on both the domestic and international level.

“The laws need to be amended in the future so that we can better keep up with technological changes,” said Wissanu in his speech. “The problem is that those involved in these online activities often prefer to remain anonymous, making it difficult for authorities to verify their identities.”

According to the p…

This article appeared first on Cryptovest

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