Thailand tightens its grip on ICO regulation

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Thai regulators have been tough on cryptocurrency and blockchain this year, and if they pull off their latest plan it will further tighten their grip on the industry.

The Thai Securities and Exchange Commission (SEC) are preparing to launch its first regulated initial coin offering (ICO) portal later this month, according to the Bangkok Post.

It appears that ICOs will be vetted on a case-by-case basis and will be added to the portal shortly after its launch, although there is no mention of a set date as yet.

“At least one ICO portal will be certified in November, then we can approve each ICO offering, which might start in December,” SEC secretary-general Rapee Sucharitakul said to the Bangkok Post.

Thai

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Read full article » https://thenextweb.com/hardfork/2018/11/09/thailand-ico-portal-sec-cryptocurrency/


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