A huge flock of fund inflows and new traders moving into the cryptocurrency market has drawn a watchful eye from the regulator, eager to inform young, wide-eyed investors about their risky behaviour amid skyrocketing returns, but also limiting those who can partake in the digital asset market.
Thailand’s cryptocurrency market has boomed during the past four months to about 500,000 investors, of whom 3% are younger than 20 years old.
This has the Securities and Exchange Commission (SEC) concerned as to whether these young adults have the knowledge and wisdom to invest in high-risk assets such as cryptocurrency.
A dramatic increase in the price of bitcoin last year made…
