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.
We can now have confidence in any ICOs that originates from Thailand due to the fact that they can tracked and traced in any event of scam, we are all aware of many ICOs that collected investors funds and disappeared into thin air and are non traceable, I expected other Asian countries to emulate Thailand and ensures that all ICOs are complaint with regulations.