Thai SEC consults public on crypto investor income rules

[newshunter]

Thai SEC consults public on crypto investor income rules

Thai investors who do not qualify for crypto trading under proposed SEC rules would still be able to invest through licensed fund managers.

Source: Thai SEC consults public on crypto investor income rules

Would appreciate your opinion about this

[TomPluz]

While I agree with the intent of Thai SEC to limit the possible risks that crypto traders can be facing while doing their things in the crypto market, it seems to me that the qualifying requirements can be so limiting. Two years in experience can be crazy except if the government will launch a certification educational campaign for free to all interested parties. How can parties gain experience if you are limiting participation in the first place? Anyway, good luck to the people of Thailand and the SEC. This country has the potential to be a leading force in cryptocurrency in Asia and I am hoping the government is not killing it.