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Bank of Thailand, Central Bank, Crypto Payment, Payment Methods, SEC, Thailand, Thailand Encryption, Thailand, Thailand Encryption, Thailand Encryption Adoption, Thailand Encryption, Thailand Warning
The Bank of Thailand stated that more and more companies are demanding payments in cryptocurrencies, such as Bitcoin and Ether. The central bank reiterated its position on cryptocurrencies and warned of the risks of using them as a means of payment.
If the use of digital assets as a means of payment for goods and services becomes widespread, BOT will coordinate with the U.S. Securities and Exchange Commission (SEC) and other relevant agencies to take necessary measures to ensure that they do not affect the public or the economy and financial system.
What do you think of Thailand’s encryption warning? Let us know in the comments section below.
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