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13 May 2021

In-Person ID Check To Become Mandatory For Bitcoin Exchange Users In Thailand

In-Person ID Check To Become Mandatory For Bitcoin Exchange Users In Thailand


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"Most digital asset exchanges are still busy preparing their systems to accommodate the growing number of clients as new account applications continue to flow in," said Poramin Insom, co-founder and director of local exchange Satang Corp.

It is expected that the new rules will slow down the opening of new cryptocurrency exchange accounts in the second half of this year, and “digital asset intermediaries plan to discuss the issue at a forum held by the Thailand Digital Asset Operators Trade Association,” per the Post.

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Why Fiat Experts Don’t Get Bitcoin
published: 1 hour ago
There are various reasons traditional experts do not understand bitcoin and thus have negative views on it.

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