It
could be good because it adds legitimacy to Bitcoin. I mean, if you know nothing about it Bitcoin itself, but it's at least legit enough to be recognized and regulated by your Securities and Exchange Commission, wouldn't you think it's okay to get involved? Let's just hope they regulate in moderation. It's better than a ban either way.
you guys exaggerating issues just to have something to talk.or might find attentions,it was FORMER FINANE MINISTER
Lol true but it looks like the guy still wields a fair amount of influence, being the chairman of the TFA and all.
Correct, and I really like what the Thais is doing. They have seek feedback from all sectors, not just the their local SEC but the Ministry of Finance and the AML office so I think its a step forward legitimacy in the country.
However, the deputy PM stressed that the intent is not to ban cryptocurrency activities, such as trading and initial coin offerings, but rather to establish formal rules to protect investors.
https://www.coindesk.com/thailands-cabinet-moves-to-regulate-and-tax-cryptocurrencies/So its much better than a ban. At least the Thai government is extending all effort not to ban crypto but just havinga regulation to protect the interest of their citizens. Let's see how it goes and most of the Asian country's are putting pressure from other nations as well to adopt crytpo's in general or be left out in this new revolution.