Thailand to Allow Digital Asset Operators to Join Payment Trial

Thailand’s regulator will allow licensed digital asset business operators to participate in payment trials by the central bank for the use of tokens for payment of goods and services.

• Bank of Thailand’s so-called Programmable Payment Sandbox will also test for the acceptance of cryptocurrencies for business transactions, according to a statementfrom the Securities and Exchange Commission
• Participation by digital asset business operators will promote the development of technology in financial markets, the statement says
• Digital asset businesses under the SEC’s supervision include operators of exchanges, brokerages, dealers, fund managers, advisory services and custodian wallet providers
• The SEC will hold ...