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Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open …

Thailand’s New Cryptocurrency Regulation Requires Users to Be Physically Present to Open Accounts – Regulation Bitcoin News

The Thai government has reportedly imposed a new cryptocurrency requirement. Crypto exchanges will be required to verify users’ identities using a machine that requires the customers to be physically present. The Thai Anti-Money Laundering Office (Amlo) has announced that starting in July “local digital exchanges must verify their customers’ identities through a ‘dip-chip’ machine that requires clients to be physically present,” the Bangkok Post reported.