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Thai Officials to Fight Crypto-Based Crimes by Launching New Wallet

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Tue, 4/09/2018 - 14:24
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Thai Officials to Fight Crypto-Based Crimes by Launching New Wallet
Cover image via U.Today
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It has been reported that the Anti-Money Laundering Office (AMLO) is mulling the making of a brand-new digital wallet in order to struggle with crimes connected with virtual coins. The wallet is intended for storing confiscated coins from criminals.

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Overall, recently Thai regulators have been doing their best to bring the situation with crypto-related crimes to an acceptable scale by implementing new laws for exchanges and concerning ICO projects. Now AMLO plans to deal with scammers and other dishonest players to protect local investors from losing their funds.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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