Former SEC chair Jay Clayton has warned of new bitcoin regulations possibly coming soon, CoinDesk reports.
He said that while the crypto is currently considered a non-security at the SEC, that doesn’t mean it should go without regulations.
Clayton, who was speaking as a citizen, said the future of digital assets “will be driven in part by regulation both domestic and international, and I expect that regulation will come in this area both directly and indirectly,” CoinDesk reports.
Thai Central Bank will be piloting a new central bank digital currency (CBDC) in 2022, CoinDesk writes.
The bank has also said it will be accepting feedback on the project until June 15, 2021.
The main objective of the currency, according to the report, is to help citizens get more access to convenient and safe financial services. And the bank plans to implement the currency over the next three to five years.