Thailand is one of the open countries about Cryptocurrency issue. Therefore, many ICO projects had chosen this country for registration or the main market for development. However, Thailand Gov has slowly issued some regulations which protected their investor before the cryptocurrency frauds and money laundering.

About the reason of giving flavor to development ICO project by Thailand’s Gov, apart of this is bring more benefit for Thailand in the future. And in the list of Thailand ICO project, 2 remarkable projects is OmiseGO and Everex.

OmiseGO (OMG), a product from OMISE — a company provides online solutions whose Head office in Thailand. OMG is stake network was built in Ethereum platform with Proof of Stake (PoS) algorithm, in order to provide infrastructure to facilitate the processing of dispersed payments from e-wallet operators such as Alipay and Venmo.

Everex (EVX) launched in mid-2017 and there will be guarantees from Bangkok Bank about the compatibility with the Thai banking system. EVX focuses on building a Real-time Cross-border Transaction Processing platform with Blockchain security. EVX is eager to create a codeword associated with the regulatory currency, to help citizens and international donors to transfer money globally. This solution promises to put legal currencies, stocks, commodities and non-financial assets on the Ethereum platform.

We can see that ICO projects which strongly development in Thailand has the strength in liquidity at the present as well as in near future.

In mid-2018, Thailand also announced a list of 7 cryptocurrencies that could be used as the payment method for ICO projects, in addition to the fiat: Bath Thailand. This shows that the Thai government is very focused on building and increasing liquidity for this market. In the near future, it is certain that the 8th cryptocurrency will be added for this purpose.

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