"We are waiting for the ICO regulations from the SEC," Mr Poramin said. The ICO regulations are focused on supervising online exchanges, which will have to register themselves with the SEC, the source said. Previously, SEC secretary-general Rapee Sucharitakul said the ICO regulatory framework was expected to be concluded in the first quarter and would be implemented in the following quarter. Public hearings on the ICO regulatory framework, drafted by the SEC, recently completed their last round on Jan 22 after being extended twice. The source said the ICO regulations are likely to cap individual investment at 300,000 baht.

Source: Bangkok Post February 25, 2018 23:06 UTC