CCN: Thailand to publish ICO regulations and approve 7 cryptocurrencies
Today I took a day off and enjoyed relaxing time with my family. During checking out the latest news, I have come acress the news of CCN about Thailand with their ICO and cryptocurrencies regulations.
This is massive.
Yes, it means that another country is taking steps to legalise ICO and Cryptocurrencies. In my country, aside from Korea and Japan, Thailand is one of the top choices when it comes to legalisation of Cryptocurency. From my perspective, taking another step toward regulated crypto trading and ICO will both protect investors from scams and promote the promising ICOs to the pubic.
Anything else?
Beside that great news, I have received a lot of positive information about insitutional money to come to crypto. Agian, it will be huge. Right now we are trading small and individuals, but once the big financial players to join, we will have big source of money pouring in, and soon we will see our marketcap to skyrocket.
What do you think about this news? Let me know in the comment.
This is very good for the cryptocurrency consumers. Even if the Crypto currencies are controlled by the community. The government should make some regulations. These will protect the consumers from fraudsters. Due to the rise in cryptocurrency demand may fraudsters have taken it as an opportunity to get rich quickly by amassing wealth from other people's money. These guys are very smart and are hard to know by the newbies in the industry. So the newbies fall in their traps and the his make money
Thats good information for crypto market and i hope bitcoin will touch $10000
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