Home » Thai SEC To Lift Restrictions On Initial Coin Offerings By CoinTelegraph

Thai SEC To Lift Restrictions On Initial Coin Offerings By CoinTelegraph

by admin
Thai SEC To Lift Restrictions On Initial Coin Offerings By CoinTelegraph
©Reuters. Thailand’s SEC intends to lift restrictions on initial coin offerings

Thailand’s Securities and Exchange Commission (SEC) is preparing to ease restrictions on retail investment related to initial coin offerings (ICOs) to incentivize digital investments.

The SEC officially announced on March 30 that it intends to lift the 300,000 baht ($8,800) cap on asset-backed ICOs per person, to allow for more investment in ICOs backed by real estate and infrastructure.

The new measures aim to help Thailand boost local technological development thanks to the growth of the capital market and digital economy, the SEC said, adding:

Read the full text on Cointelegraph

See also  Hungary case in the EU Parliament: Brothers of Italy and Lega vote no to the resolution against Orban

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy