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Author Topic: Thailand to target DeFi in latest regulatory clampdown  (Read 432 times)

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Thailand to target DeFi in latest regulatory clampdown
« on: June 01, 2021, 09:57:13 PM »
A new DeFi yield farming platform in Thailand has rattled regulators. In their latest effort to regulate the cryptocurrency industry, Thailand’s financial regulators have turned their sights toward decentralized finance, or DeFi.
According to a June 1 report from Bangkok Post, Thailand’s Securities and Exchange Commission (SEC) has announced that any activities related to DeFi may require a license from the financial regulator in the near future. The SEC specifically stated it will target DeFi protocols that issue tokens.source
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Thailand to target DeFi in latest regulatory clampdown
« on: June 01, 2021, 09:57:13 PM »

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