Thailand SEC: Cryptocurrency and ICO Regulation Takes Effect from July 2018

For several months, the Thai government has been hard at work formulating amenable laws for its cryptospace. In what seems like a flawless victory for cryptocurrency investors in the country, authorities have now officially confirmed that the previously stated ICO regulation takes effect on July 16, 2018. ICOs to be Thoroughly Screened According to the Thai SEC statement, there will be dedicated portals for prospective ICO organizers to submit their projects for vetting. Once approved, the ICO vetting portal would, in turn, forward…