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SE Digital Launch Marks Thailand's First Legal ICO

Janelle Fox

Summary: Thailand, the country that attempted to ban Bitcoin back in 2013, has just allowed their first legitimate launching of an initial coin offering (ICO). According to an announcement from Seamico Securities, the Thai financial services firm has received approval from Thailand’s Securities and Exchange Commission (SEC) to operate its subsidiary, SE Digital, as a regulated ...

Thailand, the country that attempted to ban Bitcoin back in 2013, has just allowed their first legitimate launching of an initial coin offering (ICO).

According to an announcement from Seamico Securities, the Thai financial services firm has received approval from Thailand’s Securities and Exchange Commission (SEC) to operate its subsidiary, SE Digital, as a regulated ICO. SE Digital marks the first legal launch of an ICO in Thailand. SE Digital hopes to raise between $66 million and $99 million.

By Janelle Fox

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