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

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Fri, 17/08/2018 - 20:19
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Thailand Is Slowly Warming Up to Crypto, Gives Green Light to Seven Exchanges
Cover image via U.Today
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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.

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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.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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