Author Archives: adminbtc

South America: Crypto and Blockchain News Roundup, 10th to 16th August 2018

South America

Welcome to our weekly roundup of all important blockchain and cryptocurrency news from around the world. Follow the latest developments in the cryptocurrency space continent by continent, country by country.


Presidential candidate pledges to legalize crypto if elected: Brazilian presidential elections are coming up and a presidential candidate has pledged to legalize cryptocurrency in the country if he gets elected.

Brazil remains a country that doesn’t recognize cryptocurrencies like Bitcoin as actual currencies that can be legally used to settle payments. Jao Amoedo, the Presidential hopeful has said that national currency will remain in its official status but Bitcoin could be accommodated as a foreign currency role like the US Dollar and thus break away from the financial setup dominated by the USA.

While the government doesn’t recognize Bitcoin as an actual currency, it hasn’t stopped Brazilians from investing a lot in it. In 2017 alone, more than USD 2.4 billion in Bitcoin transactions occurred in Brazil alone.

Brazil officials and crypto community debate future crypto regulations: In a new meeting called in by the Chamber of Deputies, representatives of the Brazilian government debated on possible cryptocurrency and blockchain regulations.

The discussion was held publicly in the Getulio Vargas Foundation’s Applied Information Technology Center in Sao Paulo. Different mindsets and opinions were heard in the hearing but the topic was somehow neglected overall. The Brazilian cryptocurrency community is one of the largest in South America and needs new regulation for the recognition of cryptocurrencies as assets or currencies.


Argentinian political theorist working on blockchain-based voting systems: A video game developer-turned political theorist from Argentina, Santiago Siri, is working on a new blockchain-based voting system that could make things transparent and effective.

While the democratic system is widely adopted around the world, it is under threat by a new set of powers that are trying to undermine it. The powers include meddling of foreign powers in elections.

Siri’s non-profit startup called Democracy.Earth believes blockchain to be the solution for ensuring transparency in elections.


Thousands of businesses now accept crypto payments: A new partnership between cryptocurrency exchange Crypto MKT and means that over 5,000 stores across Chile now accept cryptocurrency payments.

The deal was signed between these two service companies allows cryptocurrency payments to be added to payment types on’s online payments platform. Store owners will receive money in fiat money and the transaction rates are some of the lowest in the country.

According to an official translation: “There is a guarantee fund that allows the payment is not affected by large increases or decreases in the price of Bitcoin, Ethereum and Stellar. This gives tranquility and security to the client.”


Petro set to become official currency alongside bolivar: State-owned oil-backed cryptocurrency is set to become officially recognized in Venezuela after President Nicholas Maduro made an announcement confirming its official status will start on Monday next week.

The official dealing in the state cryptocurrency will start when state-owned oil giant Petroleos de Venezuela (PDVSA) will start using cryptocurrency transactions for payment. Petro will not be the sole national currency anymore and the system will be made to incorporate the additional Petro cryptocurrency in a gradual manner.

Hyperinflation causing further increase in Bitcoin trading: Venezuela’s spiraling inflation issues are producing considerable surges in Bitcoin trading activities in the country.

With IMF recently stating that Venezuela may reach as much as 1 million per cent inflation by December, more and more people are turning to cryptocurrencies, especially Bitcoin to circumnavigate inflation’s vicious cycle. Bitcoin price itself is doubling in 18 days as a result as well.

Follow on Twitter at

Telegram Alerts from at

Image Courtesy: Bitcoin News

The post South America: Crypto and Blockchain News Roundup, 10th to 16th August 2018 appeared first on

US Senate to Review Blockchain Energy Efficiency

The US Senate is preparing for another blockchain hearing next week, this time to discuss its energy efficiency and implications.

The 23-member Committee on Energy and Natural Resources will hold the “Energy Efficiency of Blockchain and Similar Technologies” hearing on 21August to discuss the issues and practical implications of its widespread adoption on the energy sector.

A specific focus will be placed on the potential increase in energy consumption and subsequent electricity price rises, with the discussion based on estimating the most likely outcomes in the near future as the technology evolves.

The committee will also consider similar decentralized technologies, focusing also on the cybersecurity possibilities for energy industry applications. It will debate considering how blockchain could, in fact, be used to improve the security of computing systems that supply energy across the country.

This appears to be the first committee meeting from the Senate to explicitly discuss blockchains role and future in the energy sector.

The entirety of the hearing will be broadcast live on the committee’s website via webcam, with witness testimony also available on the site from the start of the hearing.

Renewable energy in blockchain

While Bitcoin has received criticism over the accused unsustainability of the mining process as was the case in Washington State recently, there is a significant movement in the community to develop a climate responsible solution to the problems of energy consumption.

A Lichtenstein-based startup called Solareum has developed a decentralized marketplace platform for renewables, with an aim to make solar energy more readily available and affordable to people internationally.

Another blockchain project, HashByte, allows users to rent hash-power from companies to limit wastefulness, as well opening up its own centers across Europe that utilize only renewable energy in their operations.

Unfortunately, the Senate has a poor record when it comes to staying fully up to date and informed on the most recent cases in technology as recently seen in the now notorious interview with Mark Zuckerberg, so blockchain advocates can only hope they have done their research this time.


Follow on Twitter at

Telegram Alerts from at

Image Courtesy: Pixabay

The post US Senate to Review Blockchain Energy Efficiency appeared first on

PR: Blockchain-Based IPO-Access Startup Platform Cornucopia Announce Onboarding of Chief Market Strategist Joe Cammarata

Bitcoin Press Release: Cornucopia, a blockchain startup providing crypto investors with access to pre-IPO shares of their favourite startups adds tZeros Joe Cammarata to their capable executive team.

August 9th, 2018, Tortola, British Virgin Islands – Cornucopia is proud to announce that tZero’s Joe Cammarata has joined the company as Chief Market Strategist. Joe will be helping the Cornucopia team bridge the gap between traditional finance and the crypto industry.

Joe began his career at Datek where he pioneered NASDAQ market orders. While at Datek he developed an internal cross that would eventually become the Island ECN. He was instrumental in orchestrating the growth of Datek Online – which was sold to Ameritrade for just under $1.4 billion. Joe then co-founded Sonic Trading and led the company as CEO to a successful acquisition in 2004 by the Bank of New York. Until recently Joe was the CEO of SpeedRoute, and president of tZERO.

Cornucopia founder Carsten Klein says:

“Joe and I have worked together for several years, and he was heavily involved in building the PTN platform with me. I am excited to have him as part of the team on the Cornucopia project”.

Ignite co-founder Christopher Cousins says:

“Having known Joe and Carsten for some time, I know this is the dream team to take Cornucopia to market. For us at Ignite, we look forward to Cornucopia using our tech to offer pre-IPO opportunities to the crypto market”.

Accessing the IPO Market with Cornucopia

Cornucopia will be built on the Ignite Ratings’ platform which is already well into its Beta phase. During the crowdsale, Cornucopia’s token holders will buy “Horn” tokens that will give them access to their platform. Users will have to hold Horn tokens in order to participate in giving ratings and opinions on a variety of pre-IPO assets. When a high rating is achieved for a particular asset, the Cornucopia linked Index will make an investment. Those Horn token holders who have actively participated by rating that asset will be rewarded with a % of any trading gain made.

As information regarding pre-IPO opportunities is extremely limited, Cornucopia is also providing a much-needed resource to the investment community.

Although ICO dates have yet to be announced, Cornucopia has hinted that the pre-sale could commence as early as the start of September. For more information please follow the links below.

Official Telegram:

Media Contact Details
Contact Name: Carsten Klein
Contact Email:

Cornucopia is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The Cornucopia token sale is closed to US participants and participants of all countries in which ICOs are illegal.

Follow on Twitter at

Telegram Alerts from at

Image Courtesy:

The post PR: Blockchain-Based IPO-Access Startup Platform Cornucopia Announce Onboarding of Chief Market Strategist Joe Cammarata appeared first on

Hong Kong Unis Scoop Grant of $20 Million for Blockchain Research

Hong Kong universities are set to receive a USD 20 million grant through government funding for research and development projects in blockchain and fintech.

In an effort to drive blockchain into administrative and financial sectors, Hong Kong is asking its universities to delve deep and come up with answers. The major beneficiaries of this round of specific funding are Hong Kong University of Science and Technology (HKUST), along with the Chinese University of Hong Kong (CUHK), and the City University of Hong Kong (CityU).

Through the project, along with research and development tasks, the universities are also required to report on Hong Kong’s current progress in becoming a fintech regional hub. Professor Tan Jiayin, known for his previous research work entitled ‘Strengthening Hong Kong’s Strategic Position as a Regional and International Business Center’, is to head up the multi-university research project.

Hong Kong’s blockchain push is an attempt to catch up with some of the more fintech proactive countries in the region such as Singapore and Japan. Updating aspects of the financial sector have recently become a focus for private companies and government bodies, who are beginning to regard blockchain technology as a way of modernizing record keeping and speeding up payments, in what is often described as an overly paper-driven industry, particularly given the technologies available today.

Work such as professor Jiayin’s which has already explored blockchain technology, network security, and artificial intelligence learning, as it relates to the current economic climate, will be a boost to the shared university partnership. Jiayin has asked Hong Kong’s banking community to participate in the research as part of the grant relates to the creation of digital currencies, although these have been looked on unfavourably by HK banks in the past, discounting the idea of a CBDC. In an announcement on 30 May, the Hong Kong Monetary Authority (HKMA) decided against the idea.

However, the HKMA announced the launch of a blockchain trade finance solution in partnership with 21 regional banks last month. Also, seven banks including Hong Kong’s banking regulator are to launch a trade finance platform this September using blockchain, including HSBC and Standard Chartered. Notably, HSBC’s Monex digital currency concept in 1998 was reportedly the professor’s brainchild.

The push towards integrating blockchain into Hong Kong’s administrative and financial sectors is not the first after a government plan was released in 2017 to produce a blockchain-based trade financing system to increase settlement efficiency and reduce fraud. This after a heightened level of concern around the cryptocurrency space due to high levels of fraud.

Research recently revealed that the percentage of financial crime involving cryptocurrencies was in fact comparatively low, when compared to other methods of, largely organized, crime in the city.


Follow on Twitter at

Telegram Alerts from at

Image Courtesy: Pixabay

The post Hong Kong Unis Scoop Grant of $20 Million for Blockchain Research appeared first on

PR: Fly to the Moon and Score Goals With Bitcoins on OneHash

Bitcoin Press Release: OneHash, the fastest-growing mutual betting platform has released its new gaming products – Moon and Goals, which allow players to engage and win bitcoins in ways that the industry has yet to see.

9th August, 2018. Willemstad, Curacao. New products were built and released with the purpose to create a new quality of games by giving players more engaging and competitive ways to enjoy additional activities between betting on their favourite events.

OneHash Reinvents Online Entertainment with Release of New Gaming Products

Moon is an innovative and highly engaging game where players can win up to x1000!

The mission is to fly as high as you can without being destroyed. Moon is based on the chicken model, also known as the hawk–dove game which has its origins in a game in which two drivers drive towards each other on a collision course and first of them that turns will be called a “chicken”.

In Moon, players can see other people playing at the same time and the bonuses gathered by them. If one of them decides to stop, others see it and still can fly higher and earn more money. The point is to earn as much as you can and to find a perfect balance between being “chicken” and getting crushed!

Goals is the newest, highly interactive game, which objective is to shoot as many goals in a row as one can, without catching the ball by the goalkeeper. Players can play on 3 levels and win even up to x43544! Released with the Football World Championship in mind, Goals immediately became a nr 1 choice for many of the players.

Newly developed products complement and enhance the current OneHash gaming offer, consisted of classic gambling games – Dice and Slots. Also, OneHash representatives told that the company didn’t say the last words and the customers can expect more brand new games in upcoming months.

Eric Baker, the Brand Manager at OneHash, said:

“We constantly observe and analyse online casino games offered by our competitors and our main conclusion is that most of them are based on the same mechanisms known from years and aren’t really appealing or visually attractive. Our main goal was to create very engaging, highly interactive games that will really differentiate. The release of Moon and Goals is the first step towards this objective.”

Eric went on to comment:

“Both games represent completely new quality in online gambling environment. The initial feedback from players is absolutely amazing. People love these games! Of course this is not the last word in this area. Our team is working hard on the new initiatives that will disrupt online gambling activities.”

About OneHash

Founded in 2014, OneHash is a leading and fastest-growing bitcoin mutual betting sportsbook and casino platform.

OneHash provides the secure & trustworthy betting service that allows to bet on all the biggest sports and eSports events, as well as the curated special events from the cultural and political areas such as Oscars, Grammys, all the major elections and many more.

OneHash is the only sportsbook that offers its users mutual betting service – a system in which all bets are placed together in a pool and payoff odds are calculated by sharing the pool among all winning bets.

Visit the Website:
Follow on Facebook:
Follow on Twitter: @OneHash_com

Media Contact:
Name: Eric Baker

OneHash is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

Follow on Twitter at

Telegram Alerts from at

Image Courtesy:

The post PR: Fly to the Moon and Score Goals With Bitcoins on OneHash appeared first on

Indonesia Knowledge-Sharing Blockchain Hub Launches in Jakarta

The Indonesia Blockchain Hub was launched in Jakarta this week, described as a center for the sharing of industry knowledge, both locally and internationally.

The centee was opened in partnership with the Indonesia Chamber of Commerce (KADIN), Indonesia Blockchain Association (ABI), BEKRAF and HARA, an agritech startup.

The ABI has become instrumental in promoting blockchain in the South East Asian country through accelerating understanding, utilization, advancement and technological inventiveness in relation to the fourth industrial revolution. South East Asia’s largest economy is seeing both public and private sectors investing in applying blockchain technology to address issues surrounding the storage and application of data within the country in a number of sectors.

Banks for one, are looking at DLT with more interest, as discovered by a survey published last year indicating that about 80% of financial institution executives see blockchain impacting future markets. Rico Ustahavia Frans, director of digital banking and technology at Bank Mandiri, Indonesia’s second-biggest bank by assets, said it was currently looking at applying blockchain, once regulators had formulated guidelines for banking and financial institutions.

The launch of the new hub has to be a feather in Indonesia’s cap and signals its intent to become a significant player on the world stage in adopting the new technology. HARA CEO and co-founder of the hub, Regi Wahyu, sees blockchain being integrated into a range of areas of Indonesian society:

“We believe that data transparency as enabled by blockchain technology will help the bottom of the societal pyramid to improve their welfare… [which] will lead to improvement in business and economic performance. Based on HARA’s experience… there remain challenges in explaining the socio-economic impact of blockchain for business, regulators, and the society in general.”

Wahyu added that there is a need in the country for a platform which can extend blockchain knowledge in the community, one of the aims of the new hub. The Indonesia Blockchain Hub along with the IBA is now one of a growing number of bodies set up to support the dissemination of blockchain awareness in the country and share information. Another is the blockchain-focused coworking space Blockchain Space.

A number of government institutions, including the postal service, now utilize blockchain solutions across the country as its deployment spreads to different sectors of society.


Follow on Twitter at

Telegram Alerts from at

Image Courtesy: Pixabay

The post Indonesia Knowledge-Sharing Blockchain Hub Launches in Jakarta appeared first on

PR: Platform Taking the Cryptocurrency Exchange Market By Storm

Bitcoin Press Release: Since its launch on the 3th of August, 2018, the decentralized crypto exchange has been a very effective platform for secure and effortless buying and selling of cryptocurrencies.

August 9th, 2018, Italy – Cryptocurrencies are gaining a lot in popularity and little by little they have transformed from innovation into assets. The user’s demand and desire to see proven and more efficient platforms continue to grow. And as a result, the market has seen the launch of several new virtual money trading platforms in recent years. However, not all trading platforms are equal and do not necessarily meet the user’s expectations., however, meets and even surpasses all expectations.

The crypto exchange platform has a safe website and server, better secure exchanges, low exchange fees, amazing customer support, an avenue for trading pairs, varying payment options and a user-friendly atmosphere, especially for exchange beginners.

The CryTrEx Platform is enhanced by the online payment system and offers a safe, efficient and risk-free service, as there are no Wallets on our servers that can be compromised. The platform also allows users to trade anonymously and freely in a very safe environment.

The platform also supports a large number of coins, with new coins being added every day. The current coins available include; Bitcoin, Ethereum, Litecoin, Monero, XRP, Bitcoin Cash, Decred, Expanse, GameCredits, Monero, Dash, Ethereum Classic, ZCash, NameCoin, GroestlCoin, Qtum, PeerCoin, ByteCoin, DigiByte, DogeCoin, CPS Coin, NEO, Verge, ZCoin, and so much more.

All of these coins can make a wallet and be exchanged with each other on the powerful trading engine.

Besides transactions and purchases, the platform allows its users the possibility to customize the workstation while offering margin trading features. At the moment everyone can trade a lot of cryptocurrencies on the Crypto Exchange Platform.

For more information about or how to trade cryptocurrencies using the platform, please visit

About CryTrex is a unique cryptocurrency exchange created with the goal of making cryptocurrency trading easier and more reliable. The exchange is powered by cryptocurrency pioneers, for easy and secure deposits using multiple CryptoCurrency, helping to foster a closer integration between crypto and fiat currencies.

Visit the Official Site –
Chat on the Telegram –
Follow on Twitter –
Check out on Discord –
CryTrex on –
CryTrex on Payeer –

Media Contact

Contact Name: Jacky
Contact Email: is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.

Follow on Twitter at

Telegram Alerts from at

Image Courtesy:

The post PR: Platform Taking the Cryptocurrency Exchange Market By Storm appeared first on

Unresolved Crypto Legal Cases Mount in China Due to Unclear Regulations

Courts in China are struggling to clear cases relating to cryptocurrency due to a lack of clear regulation despite the current ban.

Reportedly, many of the cases which relate to crypto, which now stand at 270 at the last count, have arisen due to Bitcoin’s falling price. Coupled with contrasting interpretations of the law at the local level, this has caused a backlog in the courts.

Cryptocurrencies are officially banned in China since mainland residents were restricted from trading in cryptocurrencies on exchanges late last year and ICOs were outlawed. Nonetheless, crypto related disputes are increasing in both frequency and volume. However, it appears this state law is applied at the local level often without an official government mandate.

The current problem has arisen because courts often can’t ascertain exactly how illegal many of the activities that come before them are, due to a lack of regulatory clarity. Reports indicate that many local areas had no official statement from the State regarding the ban and how to implement it.

In the first week of August, out of the 274 pending crypto cases, 126 related to criminal activity relating to property and economic crime and another 107 related to breach of contract, with two administrative issues.

Such cases as this one relating to crypto exchange Coinice are quite typical. The exchange sent a client BTC 5 in error during a system upgrade. The client quickly sold this, refusing to return the funds when the error had been spotted. His argument was that as Bitcoin trading was an illegal activity in China, the exchange had in fact committed the illegal offense.

The result, having been ruled as a civil case by a Beijing court, maintained that the client had initially agreed to Coinice’s service conditions and thereby was instructed to return the funds. The client appealed, taking the case to an appeals court, the Second Intermediate People’s Court of Beijing, which upheld the lower court decision. It maintained that the illegality of the exchange’s operations didn’t affect the requirement of the defendant to return the funds.

Many Chinese companies have moved their operations to Hong Kong, Singapore, South Korea, Japan, the United States and the EU in order to escape the ban and continue trading.


Follow on Twitter at

Telegram Alerts from at

Image Courtesy: Pixabay

The post Unresolved Crypto Legal Cases Mount in China Due to Unclear Regulations appeared first on

PR: Particl and Ledger Team Up to Bring Cold Staking to the Nano S

Bitcoin Press Release: Particl (PART) is now supported by Ledger Nano S and Ledger Live. PART was the first Proof of Stake (PoS) coin to offer cold storage staking – or what Particl calls “Cold Staking” – to mainnet last November. The Ledger Nano S fully supports Particl Cold Staking; securing user’s PART coins offline while still being able to 1) actively participate in voting governance and 2) provide consensus for stake rewards. Particl is the first pure PoS project to integrate offline staking directly into Ledger devices.

August 9th, 2018. Zug, Switzerland. Ledger Nano S allows up to 18 currencies on your hardware wallet at the same time. Particl has built apps for both PART mainnet and testnet. Ledger Live is an easy way to manage the currencies on your Ledger device, including Particl (PART).

The significance of Particl’s integration comes into play with how the Ledger Nano S is coded – no private key is exchanged between the Ledger Nano S hardware device and the client (Particl-Qt). This means that users will now be able to store funds on a hardware device, delegate the Ledger’s staking powers to a cold staking node and earn passive income from a cold wallet without any complicated extra steps to access their PART.

This integration, as it currently stands, is the first ever successful mainnet release of a pure PoS hardware cold staking setup, the ultimate solution for users looking at getting the best level of security, flexibility, and accessibility without compromising decentralization.

About Particl

Particl is an open source project building privacy-focused decentralized applications. Recently turning one year old, Particl has added a number of firsts to the protocol’s basecode (Bitcoin 0.16.1), including Ring Confidential Transactions (RingCT) which has been reviewed and audited by researchers at NJIT and WSA. Particl is the only project built on Bitcoin that uses Confidential Transactions (CT) to make PART coins sent or received untraceable. Particl Marketplace is the project’s current MVP in development — offering a confidential eCommerce option for online buyers and sellers.

About Ledger

Founded in 2014, Ledger is a leader in security and infrastructure solutions for cryptocurrencies and blockchain applications. Headquartered in Paris, Vierzon and San Francisco, Ledger has a team of 80 professionals developing a variety of products and services to safeguard cryptocurrency assets for individuals and companies – including the Ledger hardware wallets line already sold in 165 countries.

Visit the Particl website:
Particl Ledger Tutorial:
Join Particl Telegram:
Join Particl Discord:
Particl Reddit:
Particl GitHub:
Particl Twitter:
Visit the Ledger website:
Ledger GitHub:
Ledger Facebook:
Meet the Ledger team:
Ledger Twitter:

Follow on Twitter at

Telegram Alerts from at

Image Courtesy:

The post PR: Particl and Ledger Team Up to Bring Cold Staking to the Nano S appeared first on

Crypto Businesses Get Go-Ahead to Operate in Thailand

The Securities and Exchange Commission (SEC) of Thailand has licensed several cryptocurrency-related businesses to operate, including cryptocurrency exchanges.

Magnificent Seven

In an official statement, the SEC wrote that the five approved exchanges are Bitcoin Co Ltd (BX), Bitkub Online Co Ltd, Cash2coins Co Ltd, Satang Corporation (Tdax) and Coin Asset. The two approved cryptocurrency dealers are Coins TH Co Ltd and Digital Coin Limited (Thai WM).

SEC approvals are temporary at present and they will be operating in what appears to be a probationary period, as it is still possible that regulators could reject their applications completely.

According to the statement, “In addition, the SEC is currently reviewing the data of two other digital asset operators that have filed an application under the Transitional Provisions”.

The transitional rules were put into effect by royal decree in mid-May; this began a 90-day period in which required sellers and operators to register their assets within that time.

Government entities in Thailand have been seeking to regulate the industry due to the number of legitimate risks associated with the market. The government logically pursued appropriate regulations to decrease the chances of an unstable economy and criminal activity.

This is a large step for Thailand, who over the past couple of months had begun the process of introducing tax laws and regulations for the nascent industry, as well as processing cryptocurrency related business applications.


In early May, Thailand began applying taxes to cryptocurrencies. This was a point of contention for Thai blockchain associations; a 15% capital gains and 7% value-added tax rates were levied against cryptocurrency trading and investments, figures which were considered at the time as industry-stifling.

Toward the end of May, the SEC declared it would oversee initial coin offering (ICO) operations and cryptocurrency-related businesses after a focus group hearing. New legislation was to be implemented shortly after, designed to protect investors from fraud and other typical nefarious activities tied to ICOs.

Though this didn’t deter the swathes of ICO projects from applying for operational licenses, in June, it was reported that from an estimated 50 ICO projects that had filed applications, five were “ready as initial pilot projects”, this according to SEC commissioner Thawatchai Kiatkwankil.

Progress came thick and fast when shortly after, the Bank of Thailand allowed for local banks to legally issue digital tokens, provide crypto brokerages services and other crypto-related activities. At present, there are seven legal cryptocurrencies in Thailand, Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Stellar and Ripple.


Follow on Twitter at

Telegram Alerts from at

Image Courtesy: Pixabay

The post Crypto Businesses Get Go-Ahead to Operate in Thailand appeared first on