BTC$60 692.26


ETH$3 970.18


Binance Coin








3 New Coins Proclaimed ICO-Friendly in Thailand

04 Mar 2019


The Thailand SEC has just decided to expand its list of ICO friendly cryptocurrencies, adding three new coins. According to the regulator's decision, the coins are now allowed to be used in ICOs, as well as in trading pairs. The list of allowed coins now includes seven cryptocurrencies in total.

The old ones included Bitcoin (BTC), XRP, Ethereum (ETH) and Stellar (XLM). However, the list is now expanded to include Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC). The decision to include additional cryptocurrencies likely came as a consequence of recognizing the limitations of the original four. Additionally, the investors were complaining regarding the lack of flexibility, and the demand for new coins was apparently large enough for the Thailand SEC to reconsider the list.

While the regulator is currently openly supporting seven cryptocurrencies, none of them have received legal tender status as of yet. The advancement of cryptocurrencies in countries around the world is still extremely slow, which makes the SEC's decision not to give them a legal tender status understandable.

Even so, Thailand's investors have just received three new SEC-approved coins in which they can invest, whether through ICOs or regular purchase. Furthermore, the new trading pairs will also likely be greeted with approval and excitement, as greater flexibility means more opportunities for investors and traders alike.

Is Thailand's SEC planning to issue advanced regulations?

Meanwhile, Thailand's NLA (National Legislative Assembly) approved the creation of tokenized securities. The decision came just after the changes to the Securities and Exchange Act, despite the fact that they will be enforced at a later date, but likely still in 2019.

Back in December, the SEC stated that there could be potential changes in the law, and to determine whether or not they are necessary, the regulator was planning a consultation exercise. However, the changes were aimed at making it easier to use ICOs for raising capital,

Even so, the positive stance towards cryptocurrencies is relatively new in Thailand, as the authorities were originally opposed to the crypto trend. There was also a lack of any supportive measures until they started following Japan's lead in terms of attempting to regulate the industry.

Now, after the support of three new coins, the number of SEC-approved cryptos has gone up to seven, which may be the regulator's attempt to prepare the groundwork for additional attempts at regulating the space.

While many of the approved coins come from Bitcoin's ecosystem, there is still an obvious lack of the newest addition to the Bitcoin family — BSV. Bitcoin SV is absent from the list, even though the coin has received a lot of support from promoters and investors alike. Many believe that this might change soon, although, if the SEC wanted to include it, they had an opportunity to do so with this latest move.

Still, the possibility of Bitcoin SV joining the list in the future still remains, and the investors could benefit from this addition, as the coin features faster transactions and lower fees.

In addition to the new crypto situation, Thailand's National Electronics and Computer Technology Center has recently announced that e-voting might soon be coming to the country as part of their newly-created blockchain system. If the project ends up being successful, the future elections in Thailand might be much more secure and efficient, and the same is true for any other country that decides to adopt a similar system.


Stellar hides lie while promoting education with Coinbase
Stellar hides lie while promoting education with Coinbase
eToro launches trading in Stellar lumens
eToro launches trading in Stellar lumens

Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 60.8% 76 $60 692.26 -2.44% -1.49% $1 144 131 483 274 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 72% 57 $3 970.18 -2.08% 2.70% $468 623 912 328 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 68.8% 60 $478.76 1.51% 1.09% $79 857 044 206 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 88% 12 $2.15 0.74% -2.73% $70 884 319 183 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 94.8% 1 $0.999864 -0.02% 0.07% $69 603 647 055 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 72.8% 55 $196.43 3.21% 20.81% $59 091 364 718 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 73.2% 51 $1.088374 -0.09% -4.57% $51 095 191 252 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 64.8% 79 $43.45 1.41% 0.68% $42 909 696 193 DOT 7 days price change
9 USD Coin (USDC) USDC USD Coin predictions 94.4% 1 $1.000334 0.02% 0.11% $32 392 590 607 USDC 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 70.4% 57 $0.244221 0.75% 4.47% $32 188 474 500 DOGE 7 days price change
11 Terra (LUNA) LUNA Terra predictions 67.6% 65 $43.62 6.62% 18.04% $17 515 686 438 LUNA 7 days price change
12 UniSwap (UNI) UNI UniSwap predictions 74% 47 $25.64 -1.85% -0.82% $15 681 170 686 UNI 7 days price change
13 Avalanche (AVAX) AVAX Avalanche predictions 70.4% 64 $65.46 6.76% 16.24% $14 418 921 084 AVAX 7 days price change
14 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 66.4% 75 $60 729.88 -2.51% -1.47% $13 426 953 351 WBTC 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 72.8% 50 $28.66 1.29% 6.34% $13 213 419 734 LINK 7 days price change

Be the first to receive Cryptocurrency Price Predictions and Forecasts daily

Get cryptocurrency price predictions, forecasts with analysis and news right to your inbox.

© 2015-2021

The usage of this website constitutes acceptance of the following legal information. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website, including information about the cryptocurrencies and bitcoin is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Crypto Rating shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff.