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Tuesday, 06/12/2018 10:44:08 AM

Tuesday, June 12, 2018 10:44:08 AM

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Thailand’s Securities and Exchange Commission approves ETC


Reports in the Bangkok Post have confirmed that Thailand’s regulatory body, The Securities and Exchange Commission, have approved a list of 7 cryptocurrencies that can be used as payment for ICOs and as trading pairs on exchanges.

While Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Ripple being confirmed as acceptable was widely expected, the inclusion of Ethereum Classic and Stellar Lumens may have come as a surprise to some observers.

According to the article “Consensus credibility and cryptocurrency liquidity are some of the main criteria used by the SEC…” to assess the suitability of cryptocurrency for ICO payments and trading pairs.
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