Thailand’s Central Bank to Tighten Oversight of ‘Grey’ Crypto Transactions
Thailand’s central bank to intensify efforts against illicit digital asset circulation.
The Bank of Thailand (BOT) is set to intensify its efforts against the illicit circulation of digital assets, including monitoring ‘grey’ transactions in USDT, according to The Nation.
Governor Vithai Ratanakorn stated that approximately 40% of stablecoin sellers operating on Thai platforms are foreigners who “should not be trading” in the country.
“[BOT] no longer intends to limit itself to mere…
