Post
Topic
Board Speculation (Altcoins)
Re: Thailand legalized 7 Crypto-currency.
by
mirawantirinjana
on 19/06/2018, 03:42:05 UTC
Thailand legalized 7 crypto-currencies and approved the requirements for crypto companies.

   The Securities and Exchange Commission (SEC) of Thailand has introduced a legal framework for crypto and ICO, which provides a list of seven crypto-currencies, as well as information on fees and licensing requirements. This is reported by Bangkok Post.
   
   "The SEC has resolved the turnover of seven crypto-currencies used in ICO, which will be traded in pairs.
 This bitcoin (Bitcoin),
                     ether (ETH / USD),
                     Bitcoin Cash (Bitcoin. Cash),
                     Ethereum Classic (ETC / USD),
                     lightcoin (LTC / USD)
                     Ripple (XRP / USD)
                     Stellar »,
- writes the publication, explaining that the approved coins do not conceal transactions, while the anonymity of other crypto-currencies is a serious problem for many governments.

All market players participating in transactions with digital assets must register before August 14, 2018 and then receive approval from the Ministry of Finance. This applies to crypto-exchanges, brokers and dealers, as well as issuers of ICO.
the news is very encouraging if indeed this country has received crypto currency for the field of companies in the country, although only part of some altcoin received