Thailand Legalize Crypto currency

[MiukoOk]

This is a good sign for investors, as one of the reasons investors are concerned is that the state sponsorship of the electronic currency has been legalized. The remaining issue here is to choose the right time to invest.
Over the past time we have witnessed the sharp decrease of BTC in particular and Altcoin in general on all exchanges. Hopefully it will recover in the coming time through government policies.

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[samuelmanta]

Thailand Unveils Details of Crypto Regulations, Legalizing 7 Cryptocurrencies

The Securities and Exchange Commission (SEC) will allow seven cryptocurrencies, used for initial coin offerings (ICOs), to be traded as trading pairs. They are bitcoin, ethereum, bitcoin cash, ethereum classic, litecoin, ripple, and stellar.

All market participants, including ICO issuers, digital exchanges, brokers and dealers involved with digital asset transactions, are required to register with the SEC within 90 days of the effective date…The participants must also receive the Finance Ministry’s approval to conduct digital asset business.


I get news here : https://news.bitcoin.com/thailand-crypto-regulations-legalizing-cryptocurrencies/

[tungaqhd]

While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

what a really good news for thailand cryptocurrency community. this is the proof of the bitcoin's growing and cryptocurrency. now it would be easier for people to invest in bitcoin.

[mutrang23]

Some countries in Southeast Asia are having significant changes in the Cryptocurrency industry, which is good news for all investors. More and more states adopt Bitcoin as a popular form of payment. Thailand is a country famous for tourism so accepting. Bitcoin will be a significant influence on the trend of the whole world.

[alexeycmexa]

While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

It"s a very good news. now one more country in our row. I think this event should affect the bitcoin exchange rate

[Kuchiyose]

Some countries in Southeast Asia are having significant changes in the Cryptocurrency industry, which is good news for all investors. More and more states adopt Bitcoin as a popular form of payment. Thailand is a country famous for tourism so accepting. Bitcoin will be a significant influence on the trend of the whole world.

This will make a big change in the country of Thailand if they accept Bitcoin with pleasure and it is true, this will be an easy way to do Bitcoin transactions in that country.

[bitlind]

While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

It is certainly good news for us as a cryptocurrency community because any country which would show the example to other countries is positive because they can see their success using bitcoin and follow the decision.

[Aponkye1]

this is very great because there will come a time where cryptocurrencies would be taking over every place and it is better to get on board into the investment into cryptocurrencies as early as possible.

[King Bounty]

this is amazing news, I hope that with this good news the market price will recover and start to increase.

[indriyanti]

this is good news for the community and crypto users because more countries are now legalizing the use of cryptos. maybe this will have a big impact on tourism and the cryptos community in Thailand, hopefully all countries will also legalize crypto

[Mr. Ar_Mongi]

That's good news. When countries legalize cryptocurrency, it is easier for people to learn about Bitcoin.  This is a good occasion for many people in Thailand, to start using Bitcoin.  The crypto community is expanding. We can see how the world is changing before our eyes. That's cool!

[NarutoTan180]

Another wonderful news for the crypto world. Thirs implies that more individuals from Thailand will join the awesome family to expand its exercises and development.Go bitcoin, go digital currencies.

[skidanchikbizon]

I fully agree that this is a wise decision. Because people from all over the world have a rest there. This will greatly simplify your free time.

[taeewo]

This is good news and welcome development, its what we all want to keep happening and just hope my country accept this too.

[mrbamboo]

If Thailand legalizes Bitcoin, then this is really good news. Maybe this is a wise decision of the government of this country. Tourism is the strength and the main source of income of this Southeast Asian country. Accepting Bitcoin as a legitimate currency will contribute to the growth of the country's tourism. Giving the country a tremendous economic resource. And congratulate the Thai people.

[mrbamboo]

That's good news. When countries legalize cryptocurrency, it is easier for people to learn about Bitcoin.  This is a good occasion for many people in Thailand, to start using Bitcoin.  The crypto community is expanding. We can see how the world is changing before our eyes. That's cool!

Right. At present, there are many people who own Bitcoin as well as Altcoin. Not having to bring cash to travel is a real convenience. All transactions such as hotels, services, shopping can use the Bitcoin account is great. I have a bit of Bitcoin in my account, and maybe I should go to Thailand for this convenience. Many tourists will also think like me, and Thailand will again develop strong tourism. It is good.

[MiukoOk]

Like many countries today, Thailand has seen the future of Bitcoin. The electronic money market has never been out of the ordinary. In today's technological age, if you are the quick learner, you are the winner. Likewise, any country with a sound strategic vision will develop the country better. People will enjoy social well-being from these activities.

[wormgummy019]

While there are several nations which are passing laws against crypto world.  Thailand has entered the list of the nations which have legalized crypto currency.  Thailand is mainly dependent on tourism industry.  So I think it is wise decision on t he part of a country where major source of income is from tourism.  So it will attract more tourists to this country.
It will benefit a lot to the country and is healthy signal for the health of Bitcoin family.

A good news to hear for all the people who wants to invest in bitcoin in Thailand. I think the government of Thailand knows the future of bitcoin so they legalized it.

[Birin016]

first of all I have to give appreciation to thailand country, yes because in some countries asia forbids it.
I'm not sure thailand will have a big chance in this industry with tourism-based, because after all it's useful to be an asset rather than a means of payment transactions. yes, although the real function is the currency though virtual. but with the occurrence in the country of thailand will open a great event this industry will develop with the participation of other countries.

[nguyenthao8x]

Thailand has legalized the crypto market, which is very good news. I hope in the future there will be many countries like Thailand. A good start.