Thailand’s Securities and Exchange Commision unveiled the details of the country’s regulatory framework for digital assets and initial coin offerings (ICOs). The paper includes relevant fees, taxes, licensing requirements, and most importantly – seven approved cryptocurrencies.
Thailand’s Cryptocurrency Push
According to a Bangkok Post report on June 9, 2018, the Thai SEC held a meeting on June 7 to discuss the burgeoning cryptocurrency sector. The meeting proceeded to the satisfaction of cryptocurrency enthusiasts, who would now be allowed to legally handle and trade seven approved assets of the notoriously volatile asset class.
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