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Thailand to define ‘red lines‘ for crypto in early 2022
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The government of Thailand is preparing a new regulatory framework for cryptocurrencies like Bitcoin (BTC) in order to minimize risks and improve investor protection.
The Bank of Thailand (BoT) will release a consultation paper in January that will define “red lines” for the crypto industry, governor Sethaput Suthiwartnarueput said in a Dec. 14 interview with The Bangkok Post.
“We want to ensure that we strike the right balance between allowing financial innovation and managing risks,” the
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