Quote from: Mjadon15 on August 11, 2018, 12:25:28 PM

Quote from: indrakusumaindra on June 11, 2018, 01:37:32 PM

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.

It all depends on the motive behind the regulation. Money is a very critical substance. Nobody plays with it. Just like thailand, the motive behind setting up a regulation on a financial asset is to protect the investors and stake holders. If Investors are loosing, the stake holders could be at the receiving end to, in cases where the government is part of the stake-holders. Especially where a Private-Public Patrlnership (PPP) agreement have been signed.

The regulation could also serve as an additional security to the Crypto-Market and might also boom the market. If people here that the government is giving support to Cryptocurrency by setting up rules and legalizing it as an acceptable form of tender, big investors will fall in, many non-crypto enthusiasts will even join the train and these will hike up the price, as a result of high demand. Transactions will be faster and Funds will be more secured.