Fifty companies have declared interest in gaining an ICO licence in Thailand, following the country’s move to partially regulate the cryptocurrency market.
The Thailand Securities and Exchange Commission (SEC) has revealed that there are around 50 interested parties intending to launch an ICO, with three already having submitted their application.
Rapee Sucharitakul, secretary general for the SEC, said: “Licence approvals are being processed. Many companies interested in opening digital asset exchanges have said digital assets and cryptocurrency trading in the Thai market are quite active.”
Additionally, 20 companies have applied for licences to
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