The Securities and Exchange Commission (SEC) collaborated with the Bank of Thailand (BOT) to introduce a crypto sandbox, allowing foreign tourists to convert digital assets into baht (Thailand’s national currency). The Thai SEC is seeking public comments on this proposal via the SEC website before implementing it.
Thailand SEC Proposes Public Feedback on Crypto Regulatory Sandbox for Tourism
Initially, the SEC board approved the principles of the framework during separate meetings held on March and July 3. Now, on July 15, the agency has opened a…