#Blockchain Thailand Commences Cryptocurrency Regulations Today

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The decree to manage cryptocurrencies and initial coin offerings in Thailand enters into result on Monday. The federal government has actually likewise revised the nation’s tax code to add crypto taxation. Sellers of digital tokens will deal with a fine and even prison time if they fail to sign up with the regulator within 90 days.Also read:

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Crypto Law In Effect

The Thai government’s decree to regulate cryptocurrencies and preliminary coin offerings (ICOs) goes into result on Monday. The Digital Property Management Act BE 2561 was authorized by the Thai cabinet Bitcoin News https://ift.tt/2wFCr9r Thailand Begins Cryptocurrency Laws Today