The Thai SEC regulates Bitcoin and 6 other cryptocurrencies
Thailand is slowly moving its policy towards cryptocurrency announcing a public hearing in December last year. It was about removing the barriers to participation in ICOs and the general protection of investors. The SEC hopes that private ICOs can take place in the future without the required registration and prospectus templates.
Thailand is looking for possible use cases for Blockchain
A recent amendment to the Securities and Exchange Act also allows tokenised securities such as stocks and bonds to be issued via a blockchain. Thailand is well on the way to adapting Bitcoin and Co. In addition, many companies now have the ability to integrate crypto currencies into their business model.
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