Thailand Bans ICOs From Using Bitcoin Cash, Litecoin and Ethereum Classic

Thailand’s Security and Exchange Commission (SEC) has banned Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC) for use by Initial Coin Offerings (ICOs) in fundraising and as base pair on cryptocurrency exchange platforms. Contrary to reports making the rounds on the cryptocurrency news circuit, regulators in Thailand have removed three cryptocurrencies from the list of accepted tokens for ICO fundraising and virtual currency trading.

Link: Thailand Bans ICOs From Using Bitcoin Cash, Litecoin and Ethereum Classic
via tribetica.com