by Rushali 
Thailand’s Securities and Exchange Commission will have a public hearing this month to decide what qualifications should be imposed on retail investors opening new cryptocurrency trading accounts.
Bangkok Post reported that the regulators are concerned for the investor’s safety after the bull run of cryptocurrencies and a sudden surge of new investors in the market.
By imposing the minimum qualification they will know that if new crypto investors have enough experience and are in a financial position to absorb the risks associated with cryptocurrency trading and volatile price swings.
In the first week of February, the regulators have got around 124000 new investors. And the monthly total is 594,000 as of Feb. 8. Arkhom Termpittayapaisith, the country’s finance minister has asked the regulators to keep a check on the new investors.
