Thailand revolves around the legal regulations on electronic money, especially for ICO projects, which forced Thai Crypto to stop its ICOs last February to wait for the Securities and Exchange Commission The Thai SEC (Thai SEC) announces the formal legal framework. Also in early February, the central bank governor asked all banks not to invest in and trade in cryptocurrency, nor to participate in the creation of trading floors and delivery platforms. Cryptocurrency translation. Circulars come from the central bank only for banks, not for other trading platforms and cryptos services.