Thailand Bans Bitcoin Cash, Ethereum Classic, Litecoin from Trading Pairs & ICOs

Thailand’s Securities and Exchange Commission banned bitcoin cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC) from eligibility for initial coin offerings, investments, and base trading pairs against other cryptocurrencies traded on digital asset exchanges. Bitcoin, Stellar, Ripple, Ethereum Approved In a February 28 notice, the Thai SEC — which is the country’s capital markets authority — announced that it approved these four cryptocurrencies for investments, ICOs, and base trading pairs: Bitcoin (BTC) Ethereum (ETH) Ripple (XRP) Stellar (XLM). Criteria Included Liquidity, Decentralization The regulator noted that its ban list “has no impact on investors or digital asset businesses because so

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