Report: Thai SEC Approves Country’s First ICO Portal

The Thai Securities and Exchange Commission's (SEC) board of directors has reportedly authorized the first ICO portal that allows to screen ICOs, perform due diligence, confirm smart contract source codes and conduct Know Your Customer (KYC) procedures. The operator of the ICO portal is reportedly a foreign entity.

Archari Suppiroj, director of the fintech department at the SEC, reportedly told the Bangkok Post, “Thailand's first authorized ICO portal is being finalized for official approval with the relevant government agencies such as the Commerce Ministry. [...] The first I
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