Crypto News 

Cryptocurrency Now Officially Regulated in Thailand

“A royal decree to regulate cryptocurrency in Thailand came into force last week, according to the Bangkok Post” reports financemagnates.com. Following this announcement, Thai Digital Asset Exchange, the country’s second-biggest cryptocurrency exchange, closed its doors to initial coin offerings for two weeks while awaiting regulation.The law, consisting of one hundred sections, defines cryptocurrency as digital assets which must be registered with the Securities Exchange Commission.At the same time, he accepted the entrance of cryptocurrency into the economy as inevitable. “The government will not ban cryptocurrency trading.
 
Source: financemagnates.com



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