Thailand Unveils New Detailed Cryptocurrency, ICO Regulations

Thailand’s Security and Exchange Commission has released a comprehensive framework for the regulation of the country’s cryptocurrency market. The laws cover ICOs, approved cryptocurrency trading pairs, and licensing fees for market operators. The regulations which were announced on June 8, 2018, come into effect later in the month. ICO Regulations In May 2018, Thailand banned ICOs while waiving the previously planned 7 percent VAT on cryptocurrency transactions. The new ICO regulations reverse the ban while<br />Read More<br />The post Thailand Unveils New Detailed Cryptocurrency, ICO Regulations appeared first on Bitcoinist.com.

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