Thailand is turning very “crypto friendly” —- 20 Crypto Exhanges and 50 ICO’s seeking approval

in #esteem6 years ago

Source: https://news.bitcoin.com/crypto-friendly-policies-thailand/

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Thailand appears to have turned the corner on cryptos and is racing to become a friendly Crypto country.

There has been some clarity on regulations over the past month and now there has been a surge in the request for approvals for 20 crypto exchanges and 50 ICO’s.

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Crypto leaders have been quoted as saying they believe there will be more monies invested into crypto than stocks.

ATM deployment is also becoming a key interest. A local Thai Company (Coin Asset), has applied for ATM approvals.

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The ATM’s will accept Thai Baht, Euros, yuan, US Dollars and will support the following cryptos: Bitcoin, Litecoin, Ethereum, Stellar and Dash for now.
The minimum exchange is 100 Baht or $3 USD

Isn’t it interesting to see with cryptos as these lows and yet there is an abundance of cryto adoption globally in tangible ways.

This is good to see..

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great move by Thailand, it will help with the bear market hopefully

It’s like everyone is getting ready. I think these are manipulation price moves down —- way to many good stories. it’s quite obvious.

People are waking up to cryptos ,

I think we are seeing this each day :-)

I know some countries are moving towards legalizing Cryptos but I never fancy Thailand to be on this list. Thanks for the eye opener @floridanow

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You are most welcome. Thank you for the comment

Good news! Thanks for the update!!

Cheers.

You are welcome.

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