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.
I hope also, that we will have more and more countries, who will accept crypto and then more other will see their testimony and make their mind to be positive on crypto, my country is going to accept it soon.
It is good for cryptocurrency overall. With the passage of time more and more countries will accept cryptocurrency as legal and regular currency. The future is that of crypto and all other currencies fiat or paper will disappear from the market. The whole world will use just one currency and that will be bitcoin because bitcoin leads the cryptocurrency world.