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As Thailand’s Securities and Exchange Commission (SEC) is set to enforce the newly introduced law of digital asset later this month, five blockchain-based projects are already expected to initiate fundraising via initial coin offerings (ICO), according to a Bangkok Post report.
Though the agency did not identify the characteristics of the ICOs, Thawatchai Kiatkwankul, SEC’s director of corporate finance in the equity department, said: “Out of 50 ICO projects expecting to raise funds from the Thai capital market, five are ready as initial pilot projects.”
[url=https://www.etoro.com/markets/btc?utm_medium=Media&utm_medium=Media&utm_source=50140&utm_source=50140&utm_content=0&utm_content=0&utm_serial=btvsbtc060618&utm_serial=&utm_campaign=btvsbtc060618&utm_campaign=&utm_term=&utm_term=]Time to buy the dip?[/url]
However, according to Kiatkwankul, the agency is also ... (read more)