Thailand's Securities and Exchange Commission has issued regulations for crypto custody providers to establish a digital wallet management system to ensure clients safety according to a press release on Tuesday.
The regulations took affect on Monday and offer policy and guidelines for overseeing the management of digital wallets and keys plus procedures for designing digital wallets. The regulation also sets out the need for a contingency plan in case an event occurs that could affect the management system of digital wallets and keys.
(By Camomile Shumba)
All Comments