Thailand Amends AML Laws to Regulate Cryptos

The Thailand government has announced that it will amend it present Anti-Money Laundering Act and will enable its regulators to prevent crypto use for illicit activities. Maj Gen Preecha Charoensahayanon of the Thai Anti-Money Laundering Office (AMLO) has come out the that cryptocurrencies will be used for money laundering. He added, “We may not find any clue, but that doesn’t mean the wrongdoing does not occur.”

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