The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Thai SEC Approves Bitcoin, Ethereum, XRP and Stellar, Justin Sun Teases Tron Partnerships, and Bitcoin Bulls Grab First Green Month in 242 Days

by Daily Hodl Staff
March 1, 2019
in Altcoins

Bitcoin, Ethereum, XRP and Stellar

The Thai Securities and Exchange Commission has approved the use of four cryptocurrencies as legal investments in initial coin offerings (ICOs): Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Stellar (XLM). The leading cryptocurrencies, which were approved due to “sufficient market liquidity” and other factors can also be used as base trading pairs against other digital assets traded on crypto exchanges.

The ruling is an update on regulations released in June of 2018 which listed a total of seven cryptocurrencies and Thailand’s national currency, the baht, as eligible for investment in ICOs and base trading pairs.

According to the current guidelines three leading cryptocurrencies have now been removed from the list: Bitcoin Cash (BCH), Ethereum Classic (ETC) and Litecoin (LTC). Despite the ruling, the Thai SEC states that cryptocurrencies are not legal tender and as such, they can’t be used to pay bills or make purchases.

“In any case, it should be noted that the announcement of such cryptocurrency list is not a certification of their legal tender status.”

In January, government regulators in Thailand granted broker-dealer licenses to four cryptocurrency exchanges, confirming their status to operate legally in the country.

Tron

Tron CEO Justin Sun is hinting at upcoming plans to integrate BitTorrent users onto Tron by leveraging future partnerships.

We will announce a plan to bring 1 billion #BitTorrent ecosystem users into #TRON and #BTT world with more partership support! $TRX #TRX $BTT

— Justin Sun (@justinsuntron) March 1, 2019

Sun’s tweet is a follow-up to the recent release of Tron’s Odyssey 3.5 upgrade which adds multi-signature features and new account management options to the network.

Despite the bullish adoption projections, blockchain developer and cybersecurity consultant Justinas Kairys replied to Sun’s tweet with a look at the numbers and Tron’s plans to onboard one billion users.

“I am sure there is a mistake in calculation here. We only have 7 billion ppl on the planet. As a comparison, YouTube or Facebook has 1.6 – 1.8bln users. Netflix 135mln”

According to BitTorrent’s website, the platform has over 100 million users.

Bitcoin

Bitcoin has officially posted a net gain in February, marking the first green month for the world’s largest cryptocurrency since July of 2018.

According to data compiled by CoinMarketCap, Bitcoin rose 10.7% from $3,481 at the start of February to $3,855 at its close. In January, Bitcoin ended the month in negative territory dropping -7.8% from $3,754 to $3,460.

Month Open Close
February $3,481 $3,855
January $3,754 $3,460
December $4,183 $3,738
November $6,389 $3,973
October $6,617 $6,402
September $7,057 $6,612
August $7,641 $7,060
July $6,390 $7,556

Source: CoinMarketCap

[the_ad id="42537"] [the_ad id="42536"]
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Script Network, SingularityNET and Stacks Bring Practical Solutions to Real-World Issues
    March 29, 2023
  • OKX To Open Office in Australia
    March 29, 2023
  • Metacade Raises Over $14.7 Million As Presale Sets To Close in 72 Hours
    March 29, 2023
  • Binance Expands AI-Powered NFT Generator Bicasso
    March 28, 2023
  • Open-Source Blockchain D-Ecosystem Raises $6 Million Ahead of IDO on March 29, 2023
    March 27, 2023
  • Bitget Becomes the First Centralized Exchange To Offer Financial Transparency Through Space and Time
    March 27, 2023
  • OKX Launches Turkish Lira Deposits and Withdrawals
    March 27, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$28,316.59
$28,316.59
2%
Ethereum
$1,802.53
$1,802.53
3.3%
Cardano
$0.380868
$0.380868
13.46%
XRP
$0.460298
$0.460298
19.52%
Dogecoin
$0.076029
$0.076029
5.81%

Spotlight

  • Top Analyst Says Bitcoin in the Calm Before the Storm, Predicts Big Breakout Through Long-Term Resistance
    March 27, 2023
  • Whales Abruptly Move 135,800,000 XRP As Altcoin Flashes Signs of Life – Here’s Where the Crypto Is Going
    March 27, 2023
  • Coinbase Executive Says US Government Squandering Lead in Technology With Lack of Crypto Regulatory Clarity
    March 27, 2023
  • Cathie Wood Says Price of Bitcoin Will Go Through the Roof if People Lose Confidence in Monetary System
    March 27, 2023
NBX Warsaw Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl