Thailand SEC Approves ICO Portal for Crypto Projects
The Thai SEC officially approved the first initial coin offering (ICO) portal on Tuesday, March 12, according to local news outlet Bangkok Post. The operator behind this ICO portal is reportedly a foreign entity. The appropriated portal would screen several ICOs projects.
ICO Obstacles: Thai SEC Considers Loosening ICO Regulations
The Thailand (Thai) Securities & Exchange Commission (SEC) is purportedly considering whether to smoothen the country’s regulation for ICOs. The regulator is carrying out a public hearing to calm down rules on pre-sales and private crypto sales. The SEC has also uncovered plans to stop the usage of crypto sales.
Thailand's SEC Issues Warning Against 14 Unauthorised Websites
The Thailand Securities and Exchange Commission (SEC), a financial watchdog, has issued a warning concerning 14 websites. The Thai SEC revealed that people behind the 14 websites have for long been advertising precious investment opportunities via these web pages.
Thailand Shows Crypto Can Win Adoption Amidst Junta Government
The whole of last week wasn't good for the crypto industry globally, and now a sparkle of optimism has come from Thailand, a country in southeastern Asia. Of recent, the country set rules and regulations to make the industry flourish. Most Thailand (Thai) citizens have not been familiar with digital currencies despite being a great player in the crypto sector, to the extent of calling in foreign firms and investments. Thai's cryptocurrency trade volume is by far higher than larger economies such as Argentina and Turkey.