junio 23, 2017 | Posted in:Blog
ICO Portal Software
The Thai Securities and Exchange Commission (SEC), the nation’s main cryptocurrency regulator, has revealed the number of businesses which have applied to function first coin offering (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 the year. In addition, 12 portals are interested but have not officially applied for a permit.
Furthermore, the SEC will set up a committee of SEC agents and ICO pros to oversee ICO and ICOs portalsTrueflip rating >Business Issuing Token Without Permit
The SEC issued a public warning last week about DB Hold Plc soliciting investments in stocks and a token without consent after receiving inquiries from investors concerning the company and bitcoin casino no deposit bonus 2018.
After investigating, the SEC found that the company has been soliciting investors through social media for company shares and pre-ICO tokens in the amount of 500 million baht (~US$15,346,130).
Emphasizing that DB Hold Plc isn’t authorized to issue tokens, the SEC claims that it has ordered the company to stop all actions related to the issuance of this token. The regulator reiterates that no company was granted approval to issue tokens that are new. Firms that launched their tokens before the adoption of the crypto regulations of the country are exempt from having to apply for a license.
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 dropped from 6.60 baht (~$0.20) per coin in February to approximately 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 was a former Jventures executive involved in the high-profile bitcoin fraud case involving a soap celebrity scamming a Finnish bitcoiner, the information outletEthereum Sweepstakes app business has now come up with a strategy that is new. Jmart is currently seeking permission from the Bank of Thailand and the SEC to use Jfincoin for payments starting with its own Jmart stores. If accepted, this coin are the first token that can be used for payments in the country, the publication conveyed.
What do you think about the way Thailand is managing ICOs? Tell us in the comments section below.
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