Thailand Rolls Out a Regulatory Sandbox for Crypto Projects

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Thailand’s Securities and Exchange Commission (SEC) is initiating a new initiative to test the implementation of cryptocurrency services through a dedicated regulatory sandbox.

The Digital Asset Regulatory Sandbox was introduced on August 9 with the goal of facilitating experimentation and development of novel digital asset services.

Interested parties are encouraged to participate in the sandbox, which will operate under a flexible regulatory framework, to promote innovative growth in the capital market.

The launch of the sandbox marks a significant step in Thailand’s efforts to embrace digital assets, following the SEC board’s resolution to establish it in March 2024.