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Thai Deputy Prime Minister Calls for More Controls for Cryptocurrencies | Cell Phone Spy and Mobile Tracking Software
The Deputy Prime Minister of Thailand has called for more regulation on cryptocurrencies, urging experts not to lag in developing new security practices. The Deputy Prime Minister of Thailand Wissanu Krea-ngam has called for more regulations on cryptocurrencies, local news daily the Bangkok Post reports Nov. 8.While Thailand introduced a regulatory framework for cryptocurrencies earlier this year, Krea-ngam urged that new measures must be introduced both domestically and internationally in order to keep up with new tactics and threats to consumer security.Speaking at the Counter-Terrorism Financing Summit, Krea-ngam said that experts should not be satisfied with current security protocols so as not to lag behind criminals that would use cryptocurrencies for funding terrorism or money laundering. He also noted the security challenges posed by the anonymous nature of some digital assets."The laws need to be amended in the future so that we can better keep up with technological changes,"