Thailand legalized 7 Crypto-currency. - page 2.

Febo

legendary

Activity: 2730

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Quote from: edgycorner on June 18, 2018, 07:03:35 PM

Quote from: Febo on June 18, 2018, 06:50:05 PM

Quote from: frlvoleg on June 18, 2018, 04:28:14 AM

"The SEC has resolved the turnover of seven crypto-currencies used in ICO, which will be traded in pairs.
   Bitcoin (BTC),
   Lightcoin (LTC / USD)

Bitcoin and Litecoin was not started with any scammy ICO were never even close to be a securities. You most likely read it wrong or they had really bad advisers.

*Used in*
What OP means is, these crypto currencies are legalized and can be used by ICOs for holding sales.
SEC also allowed some of the ICOs to hold sales, like 5 out of 50 ICOs that applied.

Yup, a very good new for the crypto sphere, lets hope that other governments follow this too :v

Yes I understand now. But is still really strange since 5 other coins are securities. you cant compare them with Litcoin and bitcoin.

VanDeinsberg12

hero member

Activity: 1540

Merit: 507

Quote from: Febo on June 18, 2018, 06:50:05 PM

Quote from: frlvoleg on June 18, 2018, 04:28:14 AM

"The SEC has resolved the turnover of seven crypto-currencies used in ICO, which will be traded in pairs.
   Bitcoin (BTC),
   Lightcoin (LTC / USD)

Bitcoin and Litecoin was not started with any scammy ICO were never even close to be a securities. You most likely read it wrong or they had really bad advisers.

Someone has started to publish the source code of bitcoin blockchain and that's why there was a litecoin that has created by charlie lee. I thought that remember html coin. There is a lot of coin that used bitcoin's code.

edgycorner

sr. member

Activity: 1064

Merit: 382

Hurrah for Karamazov!

Quote from: Febo on June 18, 2018, 06:50:05 PM

Quote from: frlvoleg on June 18, 2018, 04:28:14 AM

"The SEC has resolved the turnover of seven crypto-currencies used in ICO, which will be traded in pairs.
   Bitcoin (BTC),
   Lightcoin (LTC / USD)

Bitcoin and Litecoin was not started with any scammy ICO were never even close to be a securities. You most likely read it wrong or they had really bad advisers.

*Used in*
What OP means is, these crypto currencies are legalized and can be used by ICOs for holding sales.
SEC also allowed some of the ICOs to hold sales, like 5 out of 50 ICOs that applied.

Yup, a very good new for the crypto sphere, lets hope that other governments follow this too :v

terrific

hero member

Activity: 2268

Merit: 507

Catalog Websites

Put on what's your reference or where this news article has been published.
I'm interested to know on how many(Thailanders) people will let themselves register and ask for the approval of Ministry of Finance.
Crypto is starting to be regulated on Thailand with this news and it's better that the Thailand's SEC didn't banned it or gave notice to it as something bad.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: frlvoleg on June 18, 2018, 04:28:14 AM

"The SEC has resolved the turnover of seven crypto-currencies used in ICO, which will be traded in pairs.
   Bitcoin (BTC),
   Lightcoin (LTC / USD)

Bitcoin and Litecoin was not started with any scammy ICO were never even close to be a securities. You most likely read it wrong or they had really bad advisers.

JackdunR

newbie

Activity: 196

Merit: 0

This is good news for the cryptographic market, there will be more people coming to the market and they will be waited up, the altcoin price will rise again, maybe in 4 weeks time, the market will explode .

frlvoleg

jr. member

Activity: 42

Merit: 1

Thailand legalized 7 crypto-currencies and approved the requirements for crypto companies.

   The Securities and Exchange Commission (SEC) of Thailand has introduced a legal framework for crypto and ICO, which provides a list of seven crypto-currencies, as well as information on fees and licensing requirements. This is reported by Bangkok Post.

   "The SEC has resolved the turnover of seven crypto-currencies used in ICO, which will be traded in pairs.
This bitcoin (Bitcoin),
                     ether (ETH / USD),
                     Bitcoin Cash (Bitcoin. Cash),
                     Ethereum Classic (ETC / USD),
                     lightcoin (LTC / USD)
                     Ripple (XRP / USD)
                     Stellar »,
- writes the publication, explaining that the approved coins do not conceal transactions, while the anonymity of other crypto-currencies is a serious problem for many governments.

All market players participating in transactions with digital assets must register before August 14, 2018 and then receive approval from the Ministry of Finance. This applies to crypto-exchanges, brokers and dealers, as well as issuers of ICO.

Topic: Thailand legalized 7 Crypto-currency. - page 2. (Read 248 times)