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Thailand Regulator on Relaxing ICO Rules: We Want to ‘Find Greater Equilibrium’

Published 20/12/2018, 20:35
Updated 20/12/2018, 21:45
Thailand Regulator on Relaxing ICO Rules: We Want to ‘Find Greater Equilibrium’

Thailand’s securities regulator is planning a public hearing with the aim of loosening rules that form a “barrier” to initial coin offerings (ICOs), local English-language news outlet Bangkok Post reported Dec. 20.

Thailand — which issued a royal decree to regulate its domestic cryptocurrency markets in May — had revealed its intention to license its first ICO portal in November and an ICO itself this month.

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