Thailand’s government will bar the use of cryptocurrencies as a means of payment for goods and services, saying the wider use of digital assets threatens the nation’s financial system and economy, the Bangkok Post reported, adding the new regulation won’t affect trading or investments.
Business operators – including crypto exchanges – must not provide such payment services, and are barred from acting in a manner that promotes the use of digital assets to pay for goods or services, the Securities and Exchange Commission said in a statement on Wednesday.
Read the full report: Bangkok Post
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