Thailand’s SEC Launches Digital Asset Sandbox Allowing Foreign Tourists to Exchange Bitcoin for Thai Baht
Main Idea
Thailand's SEC and Bank of Thailand have launched a digital asset sandbox allowing foreign tourists to exchange Bitcoin for Thai Baht under strict regulatory oversight.
Key Points
1. The sandbox is a collaboration between Thailand's SEC and the Bank of Thailand.
2. It permits foreign tourists to exchange Bitcoin for Thai Baht.
3. The framework is closely monitored by the SEC, Anti-Money Laundering Office, and other regulatory bodies.
Description
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