The Thai Parliament approved the Royal decree regulating the status of cryptocurrencies in the country

in moneto •  7 years ago  (edited)

The Ministry of Finance of Thailand has published the final bill on the regulation of cryptocurrencies. This document sets out the interest rates of taxation. It is supposed to charge from investors 7% VAT and 15% capital gains tax and income from investments. The concept of cryptocurrency is used in a broader sense, now it sounds like:”cryptocurrencies and other digital tokens”. Thai authorities emphasize that this bill is primarily aimed at protecting investors and the state, and not to strengthen the regulation of cryptocurrencies. This measures will prevent money-laundering.

While Thailand is adjusting the legislation, we have less than a week before the start of Pre-ICO. We remind you that the start of Pre-ICO is scheduled for April 10, 2018. During the campaign, 2,531,250 MTO tokens will be offered for sale.

Also, investors who will participate in Pre-ICO during the first three weeks will receive significant discounts on the purchase of tokens.
Bonus — discounts will gradually decrease from 35% to 5% in the following order:
● 1st week — 35 %;
● 2nd week — 15 %;
● 3rd week — 5 %.

Learn more: https://mone.to/

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Hey @moneto, great post! I enjoyed your content. Keep up the good work! It's always nice to see good content here on Steemit! Cheers :)