The SEC in Thailand is set to make changes to the current crypto laws in 2020. Thailand wants to ensure they remain competitive, as detailed by the SEC secretary-general. Lawmakers in Thailand are planning to reform cryptocurrency laws, after speaking about concerns that they have made regarding the country being potentially uncompetitive. Thailand’s financial regulator, the Securities and Exchange Commission (SEC) wants to reconsider its crypto policy in 2020. The reasoning behind this is given the poor uptake of its certification and licensing scheme by cryptocurrency businesses. Ruenvadee Suwanmongkol, the secretary-general of the SEC said: The regulator must be flexible to apply the rules and regulations in line with the market environment. He further added: For example, laws should not be outdated and should serve market needs, especially for new digital asset products, and be competitive with the global market. We need to explore any possible obstacles. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/JPY inches higher toward 109 on upbeat market mood FX Street 3 years The SEC in Thailand is set to make changes to the current crypto laws in 2020. Thailand wants to ensure they remain competitive, as detailed by the SEC secretary-general. Lawmakers in Thailand are planning to reform cryptocurrency laws, after speaking about concerns that they have made regarding the country being potentially uncompetitive. Thailand's financial regulator, the Securities and Exchange Commission (SEC) wants to reconsider its crypto policy in 2020. The reasoning behind this is given the poor uptake of its certification and licensing scheme by cryptocurrency businesses. Ruenvadee Suwanmongkol, the secretary-general of the SEC said: The… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
