SEC Approve Seven New Thai Crypto Exchanges!

Asian nations have mixed sentiments regarding the implementation of digital currencies.

The news is now coming out of the Kingdom, directly from the Thai Securities and Exchange Commission (SEC), that they have decided to approve seven new exchanges that have passed checks. Among the seven Thai crypto exchanges approved during the crackdown is the Kingdom’s leading exchange platform, BX Thailand (Bitcoin Co. Ltd), who receive a reported daily volume of over USD 2.3 million. Alongside the approval of those stated exchanges, other crypto related companies have also been approved such as the two crypto dealers, Digital Coin Co. Ltd (ThaiWM) and Coins TH Co, Ltd.

While some Asian nations are still floundering on their next move on digital currencies, Thailand is approving more Thai crypto exchanges and ICOs that will make them a major player across the Asian crypto industry.