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Thailand bans cryptocurrency payments in the country as of April 1

Thailand bans cryptocurrency payments in the country as of April 1

Since April 1, Thailand will prohibit the use of cryptocurrencies as a means of payment. The decision was made by the local regulator – the Securities and Exchange Commission (SEC) of Thailand. The agency stressed that the use of digital assets could adversely affect the stability of the financial system and the economy as a whole, including risks to people and businesses, writes Bloomberg Quint.

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