Thailand is turning very “crypto friendly” —- 20 Crypto Exhanges and 50 ICO’s seeking approval
Source: https://news.bitcoin.com/crypto-friendly-policies-thailand/
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.
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.
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..
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.