Thailand Is Slowly Warming Up to Crypto, Gives Green Light to Seven Exchanges

  • Alex Dovbnya
    📰 News

    Thailand is slowly but steadily making progress towards legally recognizing digital assets by approving seven crypto companies. No restrictions will be applied to them


Thailand Is Slowly Warming Up to Crypto, Gives Green Light to Seven Exchanges

Thailand is slowly but steadily making progress towards legally recognizing digital assets by approving seven crypto-oriented companies. According to the Thai SEC official statement, no restrictions will be applied to seven cryptocurrency exchanges while they are still under review. This decision signifies the country’s recent regulatory efforts that are aimed at accepting cryptocurrencies as viable financial assets.

Apart from that, Thailand’s SEC has also come up with clear regulations for ICOs, but so far only a handful of projects have managed to comply with them.

Cover image via u.today
In this Telegram channel you’ll find fresh news, interviews, infographics, forecasts & other helpful stuff. Join U.Today's channel.

About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

👓 Recommended articles

This site uses cookies for different purposes. Please set your preferences in Cookie Settings and visit our Cookie policy for more information on how and why cookies are used on this site. Click here for cookie policy

Cookie settings