Thai SEC Takes Initiative to Foster Innovation in Digital Asset Sector
CryptoNewsTerminal Staff09 Aug, 2024
Thai SEC Takes Initiative to Foster Innovation in Digital Asset Sector
The Securities and Exchange Commission of Thailand (SEC) is making strides in fostering innovation within the digital asset industry by launching a regulatory sandbox. This move allows participants to experiment with digital asset-related services while enjoying greater flexibility from regulations. The sandbox environment provides a safe space for businesses to test and refine their offerings, promoting innovation and responsible development in the digital asset sector. The SEC's initiative demonstrates Thailand's commitment to embracing technological advancements while ensuring investor protection.
