ICO Portal Software
The Thai Securities and Exchange Commission (SEC), the nation’s main cryptocurrency regulator, has shown the amount of companies that have applied to function initial coin offering (ICO) portals in the country.
According to the Bangkok Insight, Mrs. Praopon Senanarong, the Assistant Secretary of the Thai SEC, said that the ruler is reviewing six software for ICO portals, which are anticipated to be approved in the fourth quarter of this year. Moreover, 12 more portals are interested but have not applied for a license.
Furthermore, the SEC will set up a committee of ICO experts and SEC representatives to oversee ICO and ICOs portals in Septemberbitcoin casino with high payout chance min bitcoin casino deposit >Business Issuing Token Without Permit
The SEC issued a public warning last week about DB Hold Plc soliciting investments in shares and a token without approval after receiving inquiries from investors concerning the company and bitcoin casino no deposit bonus 2018.
After investigating, the SEC found that the firm has been soliciting investors through social media for business shares and pre-ICO tokens in the amount of 500 million baht (~US$15,346,130).
The SEC says that it has ordered the company to stop all activities. The regulator reiterates that no company was granted approval to issue tokens that are new. Firms that launched their tokens before the adoption of the country’s crypto regulationsare exempt from having to apply for a license.
New Plan for First ICO by Thai Stock Exchange-listed Company
Jmart Plc is. The business issued Jfincoin through its subsidiary, Jventures Plc. Despite much effort, the coin’s value has fallen from 6.60 baht (~$0.20) per coin in February to approximately 1.70 baht (~$0.05) within 6 months of launch, Mgr Online reported.
Adding to the loss of investor confidence is the allegation that a former Jventures executive has been involved in the high-profile bitcoin fraud case involving a soap celebrity scamming a bitcoiner, the information outlethow do bitcoin casino work best bitcoin casino to deposit reddit company has come up with a plan. Jmart is seeking permission from the Bank of the SEC and Thailand to use Jfincoin for payments starting with its own Jmart stores. This coin are the first legal token which can be used for payments in the country if approved, the publication conveyed.
What do you think of how Thailand is managing ICOs? Tell us in the comments section below.
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