Thai SEC Partners with Bank of Thailand to Launch Sandbox Program, Allowing Foreign Tourists to Exchange Digital Assets for Thai Baht

According to the Bangkok Post, the Thai Securities and Exchange Commission (SEC) is collaborating with the Bank of Thailand to launch a sandbox program that allows foreign tourists to convert digital assets into Thai baht for spending. The service will operate in a controlled sandbox environment overseen by the SEC, the Bank of Thailand, the Anti-Money Laundering Office, and other regulatory agencies. [Odaily Planet Daily]