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ICO Portal Software

The Thai Securities and Exchange Commission (SEC), the nation’s key cryptocurrency regulator, has revealed the number of companies that have applied to function initial coin supplying (ICO) portals in the nation.

According to the Bangkok Insight, Mrs. Praopon Senanarong, the Assistant Secretary of the Thai SEC, said that the ruler is reviewing six software for ICO portals, which are anticipated to be approved in the fourth quarter of this year. In addition, 12 portals are interested but have not applied for a permit.

Moreover, the SEC will set up a committee of ICO experts and SEC representatives to oversee ICOs and ICO portals in Septemberusa online bitcoin casino bitcoin casino with faucet >Firm Issuing Token Without Permit

The SEC issued a public warning last week about DB Hold Plc soliciting investments in shares and a token without consent after receiving inquiries from investors regarding the company and bitcoin casino no deposit bonus 2018.

After investigating, the SEC found that the company was soliciting investors through social media for company shares and pre-ICO tokens in the sum of 500 million baht (~US$15,346,130).

The SEC claims that it has ordered the company to cease all activities related to the issuance of this token. Moreover, the regulator reiterates that no company has been granted approval to issue tokens that are new. Companies that launched their tokens prior to the adoption of the crypto regulations of the country , however, are exempt from having to apply for a permit.

New Plan for First ICO by Thai Stock Exchange-listed Company

Jmart Plc is. The company issued Jfincoin through its subsidiary, Jventures Plc. Despite much effort, the coin’s value has fallen from 6.60 baht (~$0.20) per coin in February to about 1.70 baht (~$0.05) within 6 months of launch, Mgr Online reported.

Adding to the loss of investor confidence is the allegation that there has been a Jventures executive involved in the high-profile bitcoin fraud case involving a well-known soap actor scamming a Finnish bitcoinerbitcoin casino net review bitcoin casino bonus club business has come up with a strategy that is new. Jmart is seeking permission from the Bank of Thailand and the SEC to use Jfincoin for payments starting with its own Jmart stores. This coin are the legal token which may be used for payments in the country, if accepted, the book conveyed.

What do you think about how Thailand is managing ICOs? Tell us in the comments section below.

Pictures courtesy of Shutterstock.

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Source: bitcoincasinoreview.net

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