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.
Most of the countries in asia today are already legalizing cryptocurrency in their area because somehow they want the idea of japan where bitcoins is used in order to improve their own economy.
Yes i do agree because i already witness that most asian countries these day are now accepting and legalizing cryptos but they only do it because they know how important and useful the cryptocurrency is. Its not about because of japan or the influence of any other countries .
Re: regulation and legalization of cryptocurrency
Legalization of cryptos are already implemented but i do not think that it can also be regulated because as i always said , cryptos are decentralized which means they cannot posibly be controlled or regulated by some one.