The Thai Securities and Exchange Commission (SEC) has launched a digital currency academy aimed at educating those wanting to invest in digital assets free of charge.
The Thai SEC announced recently that it launched “ Cryptocurrency Academy,” an initiative aimed at supplying free online resources and courses on digital assets for all those wanting to invest in the sector. The SEC stated the ‘academy’ is aimed at equipping the public with in-depth knowledge of digital currencies and blockchain tech before they invest. The regulating authority argues:
The more you know your investments, the less danger you will have.
Four Courses Offer Comprehensive Knowledge of Crypto
The Cryptocurrency Academy offers four courses on cryptocurrency and blockchain tech. The 1st offers new investors a basic understanding of the digital investment market, including the definition of digital currency and the principles of blockchain tech. The Second educate potential investors on the key features of digital currencies and the technologies that underlie them. The Second course likewise includes information on Bitcoin, decentralisation, and peer-to-peer systems.
A third of the courses cover pertinent events from the past, the current, and likewise the future, including Bitcoin (BTC) halving and previous market crashes. This course further covers the digital investment ecological system, digital crypto tokens, Non-Fungible Token (NFTs), the metaverse network, and future of the the cryptocurrency market In the end, the fourth course concentrates on financing strategies, portfolio diversification, investor sentiment, and basic price analysis through the use of charts and other indicators, and eventually covers investment management.
The SEC has likewise taken the initiative to include a very useful tool that could potentially save numerous from losing their money – a Cryptocurrency Quotient (CQ). The CQ is a self-assessment for investors that they can use to test their knowledge of the cryptocurrency world to ascertain whether they are ready to enter the market.
India Launches Cryptocurrency Awareness Campaign
Asian countries have seemingly taken charge of informing their citizens of the digital currency market and the capacity dangers thereof. The Indian Government is reportedly launching a similar initiative aimed at raising awareness of digital currencies. India however takes a slightly different approach to Thailand, by focusing much of their campaign on the legal status of digital currencies rather than purely educating its citizens on the intricacies of cryptocurrency and all that involves the digital investment market. India’s approach appears to be aimed at discouraging citizens to invest in the sector, while Thailand tries to educate its citizens before they enter the market – supplying a sense of encouragement.
Disclosure: This post is provided for informational objectives only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.