Thailand Expects Launch of 5 ICOs After Regulation Enforcement

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Thailand Expects Launch of 5 ICOs After Regulation Enforcement

Postby kreslik.news » Wed Jun 13, 2018 9:25 am


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.”

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However, according to Kiatkwankul, the agency is also ... (read more)

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