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Thailand extends list of approved ICOs for trading: ETC, LTC, BCH included

thailand allows new currencies in icos

The security exchange Commission of Thailand has had a fixed list of cryptocurrencies allowed for ICOs and trading in the country, and the list has finally expanded to include more of major cryptocurrencies in the country.

The extended list now includes Ethereum Classic, Litecoin, Bitcoin Cash along with the existing currencies that include the market leader Bitcoin and Ethereum. Other currencies on the allowed list are Ethereum, the hybrid currency Ripple and the last but not least Stellar.

The official statement reads that the order has come in compliance with the Royal Decree. Where the “List of Crypto Currencies, which the SEC announced for allowing CryptoCurrencies to be invested in digital tokens that have been processed ICO as well as for the digital asset trading center operator to be able to compare the value. The value shall be compared with other digital assets registered in the base trading pair in accordance with the Royal Decree on Digital Asset Business BE 2561. The selection of the Krypton in the list will be considered from the development.”

The statement has also revealed that any more related news and other important factors relating to Crypto Currencies May be updated from time to time.

Taha Farooqui

Taha Farooqui

Taha specializes in copywriting & translating texts. He aims to cover cryptocurrencies & blockchain in both English and local dialects in the Middle Eastern regions. He has helped write, translate, and localize the material related to cryptocurrencies and blockchain.

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