While there are several nations which are passing laws against crypto world. Thailand has entered the list of the nations which have legalized crypto currency. Thailand is mainly dependent on tourism industry. So I think it is wise decision on t he part of a country where major source of income is from tourism. So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
It is certainly good news for us as a cryptocurrency community because any country which would show the example to other countries is positive because they can see their success using bitcoin and follow the decision.