Investors can learn about digital assets for free before making an investment at the crypto academy, which was established by the Thai Securities and Exchange Commission (SEC). The Thai regulator underlined that there will be less risk the more you understand your investments.
Thai SEC Launches Crypto Academy
The Securities and Exchange Commission (SEC) of Thailand stated on Wednesday that "Crypto Academy" had been established to offer free online materials and courses on digital assets. According to the regulator, the project aims to give the general public comprehensive knowledge of digital assets and blockchain technology before they invest.
"The more you know your investments, the less risk you will have."
Four courses are now available at the SEC Crypto Academy. The first seeks to give novice investors a fundamental knowledge of the cryptocurrency market, including the meaning of cryptocurrencies and the fundamentals of blockchain technology.
The second session focuses on the fundamental characteristics of cryptocurrencies and the underlying technology. Peer-to-peer networks, decentralization, and bitcoin are also covered.
The third section covers significant crypto-related past, current, and future events, like the half of the price of bitcoin and previous price crashes. The ecosystem for digital assets, non-fungible tokens (NFTs), digital tokens, the metaverse, and the prospects for the cryptocurrency market are also discussed.
The fourth course focuses on asset management, basic price analysis utilizing charts and other indicators, diversification, investor moods, and investment strategies.
The SEC Crypto Academy also provides investors with the Crypto Quotient (CQ), a self-assessment tool to gauge their level of crypto expertise and readiness to enter the world of digital assets.
The Thai Finance Minister Arkhom Termpittayapaisith revealed the government's intentions to strengthen cryptocurrency restrictions in August. "The severe volatility of digital-asset values has stimulated the urgent need for improved oversight," SEC Secretary-General Ruenvadee Suwanmongkol stated in July.