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 would be beneficial for the entire cryptocurrency market. Regulations and legalization of crypto market will motivate the public to invest in the market who have trust issues. The fear of the general public will be reduced significantly. This will also reduce the crimes done by using cryptos. This would help in exploiting the potential of the cryptocurrency market to the fullest and would ensure some stability in the market.