The Securities and Exchange Commission of Thailand (SEC) has launched a crypto academy where investors can learn about digital assets for free before investing.” The more you know about investing, the less risk you take,” the Thai regulator stressed.
Thai SEC’s Crypto Academy Launched
The Securities and Exchange Commission of Thailand (SEC) announced Wednesday the launch of the Crypto Academy, which offers free online resources and courses on digital assets. The initiative aims to equip the public with in-depth knowledge of digital assets and blockchain technology before they invest, the regulator explained, adding that.
The more you know about investing, the less risk you take.
The SEC Crypto Academy currently offers four courses: the first aims to provide new investors with a basic understanding of the crypto market, including the definition of cryptocurrencies and the principles of blockchain technology.
The second course focuses on the main characteristics of cryptocurrencies and the technology behind them. It will also cover Bitcoin, decentralized and peer-to-peer systems.
The third course will cover important past, present, and future crypto events, including Bitcoin’s half-life and past price crashes. It also covers the digital asset ecosystem, digital tokens, non-fungible tokens (NFTs), the metaverse, and future prospects for the crypto market.
The fourth course focuses on investment strategies, diversification, investor psychology, asset management, and basic price analysis using charts and other indicators.
The SEC Crypto Academy offers the Crypto Quotient (CQ), a self-assessment that tests crypto knowledge to determine if an investor is ready to enter the world of digital assets.
In August, Thai Finance Minister Arkhom Termpittayapaisith explained that the government plans to tighten crypto regulations; SEC Secretary General Ruenvadee Suwanmongkol said in July, “We have to be very careful about how we regulate crypto.” Extreme volatility in digital asset prices has spurred an urgent need for improved supervision.”
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