New Hub? 50 ICOs Eye Thai Crypto License

[kreslik.news]

The Thai Securities and Exchange Commission recently reported that roughly 50 ICO projects have “shown interest” in obtaining digital asset licenses since they became available from the Finance Ministry last month.

According to the Bangkok Post, SEC secretary general Rapee Sucharitakul said that at least threeICO portals have already submitted their applications to the SEC; 20 companies have already applied to operate as digital asset exchanges.

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Mr. Rapee said that although these 50 projects are eager to start fundraising, it’s unclear whether all of them will be granted licenses. “License approvals are ... (read more)