Thailand Fast-Tracks New Digital Regulations, Intensifying Scrutiny on Crypto Businesses
Thailand is poised to implement significant new digital regulations aimed at combating cybercrime and tightening the oversight of digital asset businesses, with enforcement expected to commence before the Songkran festival, taking place 11-15 April, according to the Minister of Digital Economy and Society, Prasert Jantararuangtong, The Bangkok Post reported on Wednesday.
The Thai cabinet approved two crucial draft laws proposed by the Ministry of Digital Economy and Society (DES) on Tuesday, addressing growing concerns over online criminal activities and the management of the burgeoning digital asset sector. Minister Prasert announced on Wednesday that these laws will take immediate effect upon their publication in the Royal…
