The Thai Securities Companies Association Contemplates Opening Combined Crypto Commerce

The Thai Securities Companies Association Contemplates Opening Combined Crypto Commerce
фото показано с : bitcoints.com

2018-7-3 22:28

The Association of Thai Securities Companies (ASCO) is considering establishing a joint cryptocurrency exchange, with plans for several firms to apply together for a crypto exchange license, local news outlet Bangkok Post reports July 2.
Pattera Dilokrungthirapop, ASCO chairperson, told the Bangkok Post that several Thai securities firms will apply for a joint crypto operating license with the Thai Securities and Exchange Commission (Thai SEC) in order to reduce costs and share technologies.
With just a securities business license, firms can become digital assets brokers and dealers, as well as operate digital token e-wallets.
Dilokrungthirapop told the Bangkok Post that crypto investors “will prefer trading with us,” as securities trading is similar to digital asset trading, and “we have been in the securities trading business for a long time.
Dilokrungthirapop added that ASCO securities firms are also interested in Initial Coin Offerings (ICO) portals, and that the organization would work with the Thai SEC with the aim of allowing securities firms to expand operations into the digital asset field.

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Thai Securities Firms to Group Up for Crypto Trade Launch

A group of traditional securities firms in Thailand is planning to jointly launch a new cryptocurrency exchange, a report indicates. According to the Bangkok Post on Monday, the Association of Securities Companies (ACE) – a body that represents the country’s securities firms – said it is in talks with regulators about allowing established financial firms to

2018-7-2 19:49