My friends if you have insecure belief on Crptocurrency then look how nations are accepting block-chain technology yes here today a green news for all of us another nation Thailand is looking foreword to inaugurate and organize a cryptocurrency exchange under the umbrella of ASCO
Today on July 2, ASCO chairperson announced that, The Association of Thai Securities Companies (ASCO) is considering establishing a joint cryptocurrency exchange, with plans for several firms to apply together for a crypto exchange license, published in “Bangkok Post”.
Pattera Dilokrungthirapop, ASCO chairperson, told the Bangkok Post that several Thai securities firms will apply for a joint crypto operating license with the Thai Securities and Exchange Commission (Thai SEC) in order to reduce costs and share technologies.
With just a securities business license, firms can become digital assets brokers and dealers, as well as operate digital token e-wallets. However, the securities firms must adequately separate the company’s assets with a proper investor property preservation system.
Dilokrungthirapop told the "Bangkok Post" that crypto investors “will prefer trading with us,” as securities trading is similar to digital asset trading, and “we have been in the securities trading business for a long time.
Dilokrungthirapop added that ASCO securities firms are also interested in Initial Coin Offerings (ICO) portals, and that the organization would work with the Thai SEC with the aim of allowing securities firms to expand operations into the digital asset field.
However Crypto world family knows well this journey is started in mid of May Thailand’s took initiative for cryptocurrencies legal framework,means , defining cryptocurrencies as “digital assets and digital tokens” and bringing them under the jurisdiction of the Thai SEC.
In my opinion Cryptocurrency and decentralized model is only option to adopt by the world and we are sharply moving towards the ultimate goal. These legislations are tiny milestone towards final destination
Please feedback me,I am looking towards your evaluation, standing and viewpoint in light of above article
Well-wisher
Engrcryptos
