Post
Topic
Board Economics
Re: regulation and legalization of cryptocurrency
by
KocaEfe
on 26/07/2018, 14:20:38 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.




This is very good news for cryptocurrency and ICO/ if the license is very expensive or very difficult to obtain. Then it will make quality ICO companies that will really collect the necessary amount and implement their project, on which they are working. Now a lot of scams that collect money from investors during the ICO and then forget about the coin and the product. The license will put things in order.