{"id":36477,"date":"2021-02-15T18:56:30","date_gmt":"2021-02-15T16:56:30","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36477"},"modified":"2025-08-29T06:32:15","modified_gmt":"2025-08-29T03:32:15","slug":"thai-regulator-to-define-criteria-for-cryptocurrency-investors","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/thai-regulator-to-define-criteria-for-cryptocurrency-investors\/","title":{"rendered":"Thai regulator to define criteria for cryptocurrency investors"},"content":{"rendered":"<p>In February 2021, the Thai Securities and Exchange Commission (SEC) will hold hearings to develop requirements for investors opening cryptocurrency accounts. <a href=\\\"https:\/\/www.bangkokpost.com\/business\/2068231\/\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Bangkok Post<\/a> reports.<\/p>\n<p>\\n<\/p>\n<p><!--more--><\/p>\n<p>\\n<\/p>\n<p>According to the publication, the move was prompted by an influx of traders amid the rise of Bitcoin and other cryptocurrencies.<\/p>\n<p>\\n<\/p>\n<p>The Thai SEC intends to determine the level of sophistication and financial standing of investors to gauge their readiness for risks stemming from the volatility of digital assets.<\/p>\n<p>\\n<\/p>\n<blockquote>\n<p>\u201cWe must establish some screening criteria: age, trading experience, income level or wealth to limit risks,\u201d said Ruenvadee Suwanmongkol, the secretary-general of the regulator.<\/p>\n<\/blockquote>\n<p>\\n<\/p>\n<p>According to him, such measures are already in place for high-yield bonds, which are available only to certain categories of investors.<\/p>\n<p>\\n<\/p>\n<p>In January 2021, the Stock Exchange of Thailand <a href=\"https:\/\/u1f987.com\/en\/news\/thai-stock-exchange-bars-cryptocurrency-trading\">excluded the ability to trade<\/a> cryptocurrencies on its digital asset platform.<\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full feed of news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In February 2021, the Thai Securities and Exchange Commission (SEC) will hold hearings to develop requirements for investors opening cryptocurrency accounts. Bangkok Post reports.<\/p>\n","protected":false},"author":1,"featured_media":36478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[36,1266],"class_list":["post-36477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-regulation","tag-thailand"],"aioseo_notices":[],"amp_enabled":true,"views":"40","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36477"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36477\/revisions"}],"predecessor-version":[{"id":36479,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36477\/revisions\/36479"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36478"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}