How does the SEC regulate cryptocurrencies in Thailand?
Could you elaborate on the regulatory framework employed by the Securities and Exchange Commission (SEC) in Thailand with regards to cryptocurrencies? What specific measures have they taken to safeguard investors and ensure market stability? Are there any licensing requirements for crypto-related businesses? Are there any restrictions on the types of cryptocurrencies that can be traded? Additionally, how does the SEC monitor and enforce compliance with its regulations, and what penalties do violators face? Understanding these aspects would provide valuable insight into the overall regulatory landscape for cryptocurrencies in Thailand.