According to the post published on June 13, 2018, the Thailand Securities and Exchange Commission (SEC), among 50 ICO projects only five of them have been approved by country’s regulatory. However, the commission approved the relevant regulations this week but expecting the token sales until the end of the month.
Meanwhile, it is still unclear about which ICO projects will be approved and why those are more likely to win. The Commission’s director of Corporate finance in the equity department, Mr. Thawatchai Kiatkwankul, quoted;
“Projects which can be [easily vetted] and have commercial attributes attached to them will be considered for fund-raising”.
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