It appears that cryptocurrency exchanges in Thailand are feeling threatened by large foreign entrants in digital assets space as the Securities and Exchange Commission (SEC) has been requested to block out international players and safeguard the interests of local businesses. Whether it is blockchain or cryptocurrency trading, Thailand is gearing up for some severe rivalry from countries like China and others. It is doing everything it can to remain sustainable and profitable. Following Chinese President Xi Jinping strong advocacy for blockchain, the state announced that it is also considering making alterations to its existing cryptocurrency reforms to boost economic growth.
