After Thailand SEC approval the cryptocurrency Law from 7/2018 then 1 month later, there were over 20 companies applying for the license to legally launching their exchanges. This suggests that an assessment of the potential of this market in Thailand’s businesses is huge.

Until now, only 6 companies got the approval to organize as the official exchange, included: Bitcoin Co. Ltd. (Bx), Bitkub Online Co. Ltd., Cash2coins, Satang Corporation (Tdax), Coin Asset Co. Ltd., and the last is Southeast Asia Digital Exchange Co. Ltd. (Seadex). However, besides exchanges operate legally, there are still ignoring this unit to run the profit factor or belong to criminals.

Policy Orientation of Thailand is continuous remains the market development funds but in the control of the Government. Therefore, in the future, there will be more rules and regulations to protect investors and anti-money laundering.

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