Thailand’s Securities and Exchange Commission (SEC) is expected to issue its rules and regulations on Initial Coin Offerings (ICOs) next month, with the focus on protecting small-scale retail investors. However, there remains a lot of misunderstanding about ICOs – as well as block chain and digital currencies, also known as crypto-currencies. For instance, ICOs have been lately related to digital currencies such as bitcoin and ethereum, which are themselves another separate challenge for regulators. In response, the SEC said it isfinalising a set of rules and regulations to cover ICOs so as to protect small-scale retail investors. This precaution is based on global research showing that ICOs carry a relatively high investment risk, with only 5 per cent of all ICOs found to be successful.

Source: The Nation Bangkok February 22, 2018 18:00 UTC