ICO Portal Software create free bitcoin casino
ICO Portal Software
The Thai Securities and Exchange Commission (SEC), the nation’s main cryptocurrency regulator, has revealed the amount of businesses that have applied to function initial coin supplying (ICO) portals in the country.
According to the Bangkok Insight, Mrs. Praopon Senanarong, the Assistant Secretary of the Thai SEC, said that the ruler is reviewing six applications for ICO portals, which are anticipated to be accepted in the fourth quarter of the year. Moreover, 12 more portals are interested but have not formally applied for a permit.
Furthermore, the SEC will set up a committee of SEC agents and ICO experts to oversee ICO and ICOs portals >Business Issuing Token Without License
The SEC issued a public warning last week about DB Hold Plc soliciting investments in stocks and a token without approval after receiving inquiries from investors concerning the company and bitcoin casino no deposit bonus 2018.
After investigating, the SEC found that the company was soliciting investors through social media for company shares and pre-ICO tokens in the amount of 500 million baht (~US$15,346,130).
The SEC claims that it has ordered the company to cease all actions related to the issuance of this token. Furthermore, the regulator reiterates that no company was granted approval to issue tokens that are new. Firms that launched their tokens before the adoption of the crypto regulations of the country , however, are exempt from having to apply for a permit.
New Plan for First ICO by Thai Stock Exchange-listed Company
Jmart Plc is the first company listed on the Stock Exchange of Thailand to issue a token. The business issued Jfincoin through its subsidiary, Jventures Plc. Despite much effort, the coin’s value has fallen from 6.60 baht (~$0.20) per coin in February to about 1.70 baht (~$0.05) within 6 weeks of launching, Mgr Online reported.
Adding to the loss of investor confidence is the allegation that there has been a former Jventures executive involved in the high-profile bitcoin fraud case involving a well-known soap actor scamming a bitcoinerthe highest payout for casino bitcoin bitcoin casino slot machines business has come up with a plan. Jmart is seeking permission from the Bank of Thailand and the SEC to use Jfincoin for payments beginning with its Jmart stores. This coin will be the first token that may be used for payments in the country if accepted, the publication conveyed.
What do you think of the way Thailand is managing ICOs? Tell us in the comments section below.
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