Only Seven Crypto Firms Authorized to Legally Operate in Thailand

oliverchloe
2022-10-27 05:06:09

The Thai Securities and Exchange Commission (SEC) has announced the names of seven cryptocurrency firms that have been authorized to legally operate in the country. Five of them are crypto exchanges; two are cryptocurrency dealers.

Seven firms, consisting of five crypto exchanges and two dealers, have been granted temporary approval to operate until their applications are either approved or denied. Crypto exchanges that have been authorized are Bitcoin Co. Ltd. (BX), Bitkub Online Co. Ltd., Cash2coins Co. Ltd., Satang Corporation (Tdax), and Coin Asset. The two approved dealers are Coins TH Co. Ltd. and Digital Coin Limited (Thai WM). See more for yourself, here.

What do you think of the Thai SEC granting temporary approval to seven crypto firms while reviewing their applications? Let us know your thoughts in the comment/reply section below.

AndreasMAntonopoulos
2022-10-27 05:06:39

Hi, that's a good news but I think they want to follow up the situation and activities first and then will see its impact then will take the proper decision.