regulation and legalization of cryptocurrency

[indrakusumaindra]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

[1715220289]

1715220289

[1715220289]

1715220289

[1715220289]

1715220289

[1715220289]

1715220289

[charlotte04]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

Those regulation just want to control over the decentralization of cryptos. I had a bad impact throughout the market and still making it bad even now.

[inthelongrun]

I think it is popular already that OmiseGO and Power have partnerships in Thailand. That didn't mean that they are also tradeable in their exchanges or those partnerships have nothing to do with the Thai government? Sometimes I can understand ICO regulations due to some scams and it is way better than ban.

[Sidiq SP]

if a country only limit 7 coins only, then the value of the coin will surely rise, but if only 7 coins in legalkan, how about the other coin? with these restrictions will instead create a lack of innovation and creativity, going forward because of restrictions on restrictions it will create a setback and saturation because there are only 7 such coins

[Twentyonepaylots]

if a country only limit 7 coins only, then the value of the coin will surely rise, but if only 7 coins in legalkan, how about the other coin? with these restrictions will instead create a lack of innovation and creativity, going forward because of restrictions on restrictions it will create a setback and saturation because there are only 7 such coins

The never ending issue of Regulation on crypto currency, well, its a good news that some crypto currency was accepted  in Thailand, it just show that the future of crypto currency is getting more visible in the market treed. the growing acceptance of crypto currency in the trading market indicate that people or business traders already embraced the that Bitcoin  and other crypto will be in the future use. Yes, some issue on regulation still hanged in the hand of financial institution by the government.

[Persiville]

if a country only limit 7 coins only, then the value of the coin will surely rise, but if only 7 coins in legalkan, how about the other coin? with these restrictions will instead create a lack of innovation and creativity, going forward because of restrictions on restrictions it will create a setback and saturation because there are only 7 such coins

The never ending issue of Regulation on crypto currency, well, its a good news that some crypto currency was accepted  in Thailand, it just show that the future of crypto currency is getting more visible in the market treed. the growing acceptance of crypto currency in the trading market indicate that people or business traders already embraced the that Bitcoin  and other crypto will be in the future use. Yes, some issue on regulation still hanged in the hand of financial institution by the government.

Hehe we cannot blame them for that, but to think that they are already making their move into accepting crypto is not a bad idea, although i have some bad feelings towards this actions but still it is a stepping stone for crypto to advance to the future.

[creeps]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

Good to hear this thing despite of a dumping market there will always be a good news. I think Thailand is trying to be first country in ASEAN who will legalized cryptocurrency and make a regulations about the ICO’s. A great move to improved their economy and I hope my own country will do the same thing or even better.

[liuqi]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

It is really good for the Thailand economic development because seven legalised cryptocurrency is enough for that country because population is little less in that country. so we can use few promising coin it is useful in everyday but many potential coins are pay for the license in future it is benefit for investors and few peoples are against in regulations.

[BrewMaster]

i think it is a good start but i would love to see a lot more restrictions on ICOs than just a fee and a license. they need to come down on ICOs and do it hard and other countries must follow. unfortunately in this decentralized market people have proven that they can not get rid of the nasty ICO disease themselves so the government step-in is a good thing in this case.

[whirlcoin]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

Those kind of regulations are oy for the trading I think so it may not affect for the people who holding the cryptos in long term.But it maybe helpful for the people to invest on those cryptos without any fear so it may increase the adoption rate but no one can control the Cryptos to be used as cryptos.

[tomahawk9]

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

If more countries follow the same trend, regulations and a crackdown on ICOs, then it's obvious that in the long-term the cryptocurrency market (not just those 7 coins) can experience a surge in the prices, mainly because institutional investors could finally invest in cryptos on a large scale given how there'll be a a regulatory framework on the market. But in the short-term, I doubt we'll see those coins going up in value, it's going to take a while before we get rid of the bearish sentiment.

[mOgliE]

On digital market regulations mean nothing.
That's so easy to get in another juridiction.

If you're annoyed by your country regulation you just have to buy a vpn for 10$ and you can completely ignore it.
Any regulation on digital asset is a joke.

[Kprawn]

The license Fee for the ICOs will not stop all scam ICOs, but it will make it costly for these fly-by-night scam ICOs to pop up

 like mushrooms. They should not make it too expensive, because it will create a barrier to entry for the less fortunate ICO

projects to enter the scene. These people use ICOs, because they need money for their projects and if they make it too

expensive, these ICOs and innovative projects will never see the light of day. We saw what happened with the BitLicense in

New York.    

[pey]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

Those regulation just want to control over the decentralization of cryptos. I had a bad impact throughout the market and still making it bad even now.

Regulations are not made as they like cryptocurrencies or find the technology useful, there must be a regulations to provide certainty for all.

[magneto]

I have no reason to oppose regulation in these investments that are probably not even decentralised. So yeah, I'd say that overall, it's a positive move. Nothing has probably changed intrinsically as to how people go about trading crypto/investing in crypto, but it legitimises the act of doing so in Thailand and provides frameworks for companies to start up.

I really don't get why they would only allow citizens to purchase these investment tokens with other cryptos like BTC, and not allow them to purchase them directly with fiat. That doesn't make sense to me. I mean, it just means that people who are investing need to take one extra step in purchasing tokens...

The licensing thing is obviously needed, and has been done in other countries way before Thailand. Hopefully it won't be something too much of a hassle. Some level of competition is needed between exchanges in the from of new exchanges.

[bitllionaire]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

Good to hear this thing despite of a dumping market there will always be a good news. I think Thailand is trying to be first country in ASEAN who will legalized cryptocurrency and make a regulations about the ICO’s. A great move to improved their economy and I hope my own country will do the same thing or even better.

Yes that is right, it will be a good improvement if Thailand will legalize bitcoin, I think that it will bring a very effect on bitcoin status, and i am sure that some other countries will follow them and they will also legalize bitcoin in their country. I think that all the countries of the world will legalize bitcoin but it will take some more time.

[Lenzie]

There 7 cryptocurrency that are legal in thailand , its Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, Litecoin, and Stellar. They also regulate the ICO. Now ICO can't be traded with fiat anymore and there is a fee for license.

http://www.livebitcoinnews.com/thai-sec-confirms-ico-tokens-will-not-be-traded-against-fiat-currencies/

What do you think about this regulations? I think its fair enough and i do think in few months 7 of this coin value could be increasing if more country has the similar regulations such as thailand.

What if they broaden there list and eliminate the low support and activities ICO? That will much fair than just using just 7 coins.
Though it is a good choice of coins but what is there conditions in choosing those 7?
How are they regulating it when exchange is all over the internet and there is a lot of them?

[Kez1817]

   Regulation and legalization of cryptocurrency in one country will lead to government control the decentralization of cryptocurrency. It has a good and negative effect to all cryptonians but for me it is much better than to ban cryptocurrency. Atleast if crypto become legal and there is a regulation to follow,people will not hesitate and have no fear to use and work on crypto. The only sad you need to follow the rules and pay some tax.

[Dimon8]

Accepting the top 7 crypto currencies for a legitimate payment unit will positively affect the economy of Thailand. Developed countries should take an example from the Thai government.

[ElephantPro]

I've been reading a lot about the history of Bitcoin, and it was supposed to be decentralized, not controlled by anyone. I guess technically you can kind of do that, just sucks that the governments are getting involved.