Thailand Set to Legalize Cryptocurrencies as an Asset, Not a Currency
The authority to initiate the regulations is derived from a royal degree to more comprehensively regulate cryptocurrencies and ICOs. A royal degree empowers the government to act on issues that concern public safety. In this case, power will be handed to the countys SEC to regulate all aspects of cryptocurrencies since hence forth, virtual coins will be classified as digital assets, not currency within the country. Deputy Prime Minister Somkid Jatusripitak aims to issue the new law by the end of the month.
The business community has not received the news well. Adisak Sukumvitaya, chief executive at Jay Mart Plc, said the government should announce a clear picture for the cryptocurrency regulatory [framework] at one time rather than gradually [unveil] the framework in bits and pieces. In addition, those that seek to trade outside the country would also face money laundering when repatriating the funds.when do we wake up? we created a new room, free of ownership and borders
only limited by our minds, this room is bleeding into our world and wants to take over, but people are fighting it...
dont be scared, the digital revolution has begun.
why walk if you can hover?
why only dream if everything you think about can become reality?
why work if you can live?
the media paints a dark picture of robots taking over the world.
but those robots could do all our work. what would you do?
how do we define the worth of dash by then? once the oil is gone and power is free.
once we get our act together and save this world, probably the milky way and the universe.
can dash be used on mars? would it be money laundering if my interstellar dash masternode earned dash on my rovermasternode on the way to neptun and i trade it for bananas on earth??
not enough anwsers for all the questions...
