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Topic: Thailand Legalize Crypto currency - page 31. (Read 3019 times)

full member
Activity: 378
Merit: 108
July 03, 2018, 02:42:38 AM
#11
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
This is indeed a great news I guess this will drown the interest of other countries to legalize bitcoin and cryptocurrency too, thailand accepting cryptocrurrency will definitely increasing of people over cryptocurrency just hoping for more good news to come.
full member
Activity: 418
Merit: 100
24/7 COMMUNITY MANAGER 💯
July 03, 2018, 01:36:54 AM
#10
It will definitely increase the acceptance of the crypto in more people. Especially when a country like Thailand whose main earnings come from tourism accepts crypto, it will not just be used by the tourists but also by the local people who understands the value of cryptocurrencies.

And it's a good news that Thailand legalized crypto currency in their country, it means the places that believe in crypto are increased.
member
Activity: 448
Merit: 20
July 03, 2018, 01:18:18 AM
#9
Good news will be encouraging for other countries to have the same conditions
The effect of this decision will be positive on Cryptocurrencies
I hope the experiment will succeed and spread
full member
Activity: 364
Merit: 107
July 03, 2018, 01:16:06 AM
#8
This is great news, specially for tourists that has using Bitcoin. Thailand is one of country that rely on their tourist, I do not know what will be the impact of this on their tourist economy but it will be really convenient for their tourist.

I hope Thailand can show the positive effect of Bitcoin so that their neighboring countries  would follow their path.
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
July 03, 2018, 01:05:32 AM
#7
It will definitely increase the acceptance of the crypto in more people. Especially when a country like Thailand whose main earnings come from tourism accepts crypto, it will not just be used by the tourists but also by the local people who understands the value of cryptocurrencies.
newbie
Activity: 74
Merit: 0
July 03, 2018, 12:50:46 AM
#6
That's a great news! Day by day people are understanding the worth of crypto currency and gradually different countries have started to legalize it in their countries. The day is not far when everyone would be in favor of crypto currency.
member
Activity: 364
Merit: 10
July 02, 2018, 11:00:20 AM
#5
Promising news, I believe that all countries will soon switch to tokenization, everything is exactly expected, the main thing is how fast.
sr. member
Activity: 518
Merit: 250
July 02, 2018, 10:47:06 AM
#4
In an article they say that.  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 wrote.

sr. member
Activity: 854
Merit: 257
July 02, 2018, 10:45:18 AM
#3
One thing for is for sure it will be nice to travel here with a cashless on your pocket you just need to bring your mobile phone to transact and send bitcoin for your payment if this is allowed and restaurants and hotel reservation will accepts bitcoin or other alt coin.
newbie
Activity: 81
Merit: 0
July 02, 2018, 10:41:19 AM
#2
this is good news for the crypto community as more countries are now legalizing the use of cryptos. but i do think that this only has a little effect on the tourism of the country.
member
Activity: 672
Merit: 12
July 02, 2018, 04:29:38 AM
#1
While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.
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