39.1 C
Bangkok
Thursday, May 2, 2024

SEC prepares wallet for digital assets

SEC prepares wallet for digital assets

Measure involves 14 state agencies

The SEC plans to revise several laws to prevent the use of cryptocurrencies in crimes. (Photo: AFP)

In collaboration with 14 state agencies, the Securities and Exchange Commission (SEC) is planning to create a “government digital wallet” to store all digital assets seized or frozen by the state as proceeds of crime in order to make the assets more secure.

The wallet will also improve the SEC’s efficiency in enforcing the Digital Asset Decree and provide more protection for the interests of the people.

The SEC and 14 state agencies held a meeting last Friday, chaired by vice minister of justice Samart Jenchajitwanit.

Mr Samart said technologies have been advancing tremendously and…

Read more…

Latest Articles