Published on May 17th, 2018 | by bitcoin0
Thailand Introduced Legal Framework. to Comply
On Sunday, May 13, Thailand joined a pool of countries that have introduced regulatory frameworks regarding cryptocurrencies.
That position reiterates that of the TSEC, which has been broadly supportive of ICOs, as long as they are regulated.
That means that sellers of digital assets or tokens must register with the TSEC within 90 days, before Aug.14.
It seems that BX Thailand, the country’s largest crypto exchange, doesn’t quite understand how to comply with the new law either.
Otherwise, according to Sukchotrat, Thailand “will lose good ICO transactions to other markets.”