Thailand Gets Proactive on AI Governance – New Rules Aim to Minimize Dangers

Thailand Gets Proactive on AI Governance - New Rules Aim to Minimize Dangers

The Thai government and regulatory bodies have taken a proactive approach to overseeing artificial intelligence technologies and systems. In 2022, the Digital Economy and Society (DES) Ministry spearheaded the approval of a new set of mandatory standards governing AI development and use. These standards categorize AI into three tiers: low, medium and high-risk. AI applications […]

Thailand Bans Payments with Crypto Currency

Cryptocurrencies have been gaining popularity in recent years, but Thailand’s Securities and Exchange Commission is moving to crack down on their use. As of the beginning of April it became illegal to purchase goods or services with digital currencies like Bitcoin and Ethereum. The move is aimed at maintaining stability in financial markets and reduce […]

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