In a bid to better handle crypto-related scams, Thailand’s money laundering regulator is reckoning with having its own digital wallet to store seized cryptocurrencies, local daily The Nation reported on Monday.
The legislation currently in effect in Thailand has a major drawback – it regulates the imprisonment or extradition of cybercriminals, as well the capturing of their material assets, but it remains silent about what to do with the digital assets they have stolen, the English-language news outlet wrote.
According to secretary Witthaya Neetitham the Thai Anti-Money Laundering Office (AMLO) is thinking of setting up a wallet where the digital currency confiscated from illegal ve...
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