Thailand approves four cryptocurrency service provider operations and introduces new regulations for digital assets

According to Bitcoin.com, the Thai Securities and Exchange Commission approved four new cryptocurrency service providers to operate legally in the country. In addition to authorizing a new cryptocurrency exchange, the government officially approved the country's top three digital token portals. At the same time, the Fiscal Policy Office has introduced new rules, conditions and procedures for the digital asset business, which will take effect on January 1, 2020. It is reported that the approved cryptocurrency exchange is Bitherb, which was launched by Remixpoint, the parent company of BitPoint, the Japanese compliance exchange. So far, there are four compliant cryptocurrency exchanges in Thailand. In addition, the three approved portals are: Longroot (Thailand) Co. Ltd. (Longroot), T-box (Thailand) Co. Ltd. (T-box), and SE Digital Co. Ltd. (SE Digital).