A quick overview of how Digital Assets are to be regulated and taxed in Thailand.
Regulatory requirements to be met before a financial institution can outsource any function have been made more stringent
Courtesy of…
While each regulator chooses its own way, most believe the best approach is to look past the technology and focus on how products behave. But this could change as digital currencies proliferate.
Regulators have started to voice their opinion and it ranges from treating “coins” like a security to outright banning banning ICOs.
The answers is probably ‘yes’ and regulators in Asia Pacific are reacting by setting standards on risk identification, assessment, mitigation and crisis management.