RATE Group | Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies
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Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies

09 Jun Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies

Posted at 20:02h in Bitcoin News by

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Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies

Regulation

The Securities and Exchange Commission of Thailand has unveiled the details of the country’s regulatory framework for cryptocurrencies and initial coin offerings, including licensing requirements, fees, and a list of seven approved cryptocurrencies.

Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space

Approved Cryptocurrencies

The Thai Securities and Exchange Commission (SEC) announced on Friday the details of the country’s cryptocurrency and initial coin offering (ICO) regulations. The measures were approved at the regulator’s June 7 meeting and are expected to go into effect later on this month, according to local media. “The proposed approach has been through public hearings in several channels,” MGR Online…

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