Post
Topic
Board Economics
Re: regulation and legalization of cryptocurrency
by
buburjelly
on 12/06/2018, 19:27:36 UTC
There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.




Got the news as above, I do feel like moving to the country and free to use crypto to make various payments. The more countries that accept and legalize crypto it will be the better for the future and the increase in the price of crypto. But, why are there still many countries that do not think the same as Thailand? whether they do not see the potential of crypto for the advancement of the state whereas those countries will benefit greatly by accepting crypto as another option of payment method other than fiat currency.