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Bank of Thailand Bans Banks From Cryptocurrency Activities

  • Published on: Feb 13, 2018 - 8:00 PM
  • Source: Bitcoin.com

The Thai central bank has prohibited financial institutions in the country from five key cryptocurrency activities, including banning customers from buying cryptocurrencies with credit cards. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Banks Banned From 5 Crypto Activities The Bank of Thailand (BOT) issued a circular on Monday asking “financial institutions not to get involved in cryptocurrency transactions for fear of possible problems from the unregulated trading,” Reuters translated. Mr. Wisit Santiprabop, the central bank’s governor, signed t …

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