Thai’s AML seeks Power to Seize Digital Assets

Thai’s AML seeks Power to Seize Digital Assets

Thailand’s Anti-Money Laundering Office (AMLO) stepped up its strategy to combat cryptocurrency-related crime and seeks power to seize cryptocurrency assets and wallets. The Secretary of AMLO, Witthaya Neethitham explained in a recent seminar held in Bangkok, “We have discussed launching our own ‘AMLO Wallet’ to hold or confiscate digital currency from illegal sources.”

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