Bitcoin Manida, which raised its value to 1.4 million baht, the has sent signals to authorities about whether they are prepared to deal with the increase in digital currency transactions to earn money by toptips4u.com.
Bitcoin is heading to a record 42,000,000 (1.2 million baht) in January after Tesla Inc. Last week it invested 1.5 billion in the cryptocurrency and topped 44,000 dollars.
Elon Musk, CEO of Tesla and one of the richest people in the world, the has become the world's largest cryptocurrency engine.
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His investment in bitcoins led many investors to believe that digital currency could become a major asset class.
After the 2020 accident
Bitcoin prices on the have been volatile since late last year, driven by major international institutional investors, leading to a period of massive fiscal stimulus. Covered against. As you see
Inflation rose in the US economy after the US Federal Reserve and many of the world's central banks invested in global economies to earn money by toptips4u.com.
Previously, Paypal said it plans to launch an exchange and payment service with Bitcoin and other digital currencies this year.
This means that over 289 million PayPal customer accounts and millions of merchants around the world will have access to Bitcoin and other cryptocurrencies.
In Thailand
Bitcoin is still not very popular, but the mysterious cryptocurrency market is attracting more and more investors.
After breaking the bitcoin price by 1 million baht each, Jirayut Srupsrisopa, co-founder and CEO of Bitkub Capital Group, a major cryptocurrency exchange in Thailand, opens more than 4,000 new accounts with the company. Per day with 2.5 operations. Billion baht.
This prompted the Securities and Exchange Commission (SEC) to order the company to stop accepting new clients until the company proves that its online platform can adapt to the growing business activities to earn money by toptips4u.com.
The situation raised financial authorities' concern about their ability to handle the spike in crypto transactions, in addition to potential frauds.
In fact
Cryptocurrencies in Thailand lack legal status as a currency. Its position as a store of value as gold is still in doubt. There are no regulatory measures for Bitcoin although the SEC has granted broker licenses to eight companies to operate digital currency exchanges.
Bitcoin's uses for commercial payments are unprotected and users will have to take the risks themselves to earn money by toptips4u.com.
However, the high price of Bitcoin will feed the greed of people who seek profit without adequate knowledge and can easily become victims of fraud. Compared to other financial markets, the cryptocurrency market lacks strict regulation and illegal behavior is easy to introduce into the market.
Until now
Many central banks have shown a positive outlook towards digital currencies. They, including the Bank of Thailand, are trying to develop their own digital money, the called Central Bank Digital Currency (CBDC), to facilitate payments to businesses.
It is best if the authorities begin to consider establishing a legal status for cryptocurrencies so that they can effectively implement appropriate measures to protect users and enhance commercial transactions.
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