Is Thai blockchain legal

1. In the middle of June this year, it was legal for Thailand to do blockchain ICO, and the Thai government has promulgated relevant laws to apply for digital license. Of course, many people are still in a wait-and-see attitude towards the form of Thailand. After all, the blockchain ICO was banned in May this year, but it became legal in mid June. At present, Thailand has passed six blockchain ICO projects. The current supervision is also relatively good. Supervision is not for containment, but for better development. From a series of relevant changes, we can see that Thailand is graally changing its attitude towards blockchain ICO.

2. Hello, the license of digital currency trading instry generally refers to the operation license in a certain country or local area. The license application standards of various countries are quite different, but the exchange generally needs to prepare materials according to the local enterprise registration conditions and license application standards. Today, let's talk about Thailand, which is related to digital token license. In mid June this year, the Thai government announced that it is legal to engage in blockchain in Thailand, which also means that Thailand has become the first country in Asia to take the initiative to promulgate relevant laws. Thailand is also a big tourism country and a diversified country, which has become a fertile ground for the development of blockchain. Since the beginning of this year, the Thai government has been talking more and more about the AESOP project and the exchange, and has shown a very welcome attitude. More importantly, they also provide clear guidelines for the operation of foreign blockchain companies, thus attracting foreign companies. These are all positive aspects<
Thailand digital currency license application process
1. First, set up the main company in Thailand, and then apply for digital currency trading license in the name of Thai company. At present, only digital currency trading license has been issued in Thailand, but no ICO license has been issued.
2. The fees for applying for Thailand digital currency license are divided into centralization and decentralization
3 The time is about 3-6 months

3. Thailand is an active embracer of blockchain all over the world, and a leader of blockchain within ASEAN. In particular, in the past two years, Thailand has made continuous actions in the area of blockchain and made a series of measures concive to the development of blockchain instry
first, Thailand is very close to China, which is convenient for communication
Second, the Thai government supports the development of blockchain with policy support

thirdly, the price of registered companies in Thailand is not high and the cost performance is good
China Securities (ZhuoZhi) exchange (ZhuoZhi) in Thailand plans to launch a blockchain based market through which start-ups can raise funds. Somkid jatusripitak, Thailand's deputy prime minister, encouraged ZhuoZhi to use the tool as a way for start-ups to finance, the Bangkok Post and dealstreetasia reported
Thai media newswit, the Bank of Thailand announced (March 19) that Pangu bank, Taijing bank and other 14 Thai banks jointly launched the Thailand blockchain community plan, which will use a Linux based (ZhuoZhi) Jinhui super ledger architecture blockchain sharing platform to digitize the bank guarantee, which can shorten the guarantee processing time to 30 minutes
in addition to Thailand, Singapore, Cayman, BVI and other archipelago countries are the holy land for blockchain investment.

4. Blockchain is a public account book. You can't say that your natural gas and chopsticks violate the law, because they are just tools
Chinese Mahjong: the world's earliest blockchain project
first of all, a initiates an application. I want to play mahjong and set up a mahjong Bureau, which is equivalent to creating a block, and this block will be broadcast to B, C, D, a, B, C, C, C, C, C, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D, D D...
in the process of playing mahjong, the above four people constantly play cards, which can be understood as mining, through what to mine? Mahjong machine can understand the mineralization machine. These four miners are the so-called miners. These four miners collide from 144 mahjong, and any right card can be Hu card. We can understand the 144 mahjong as a series of hash values (numbers). The process of Hu card is called computational power. Until Hu card, it means that the right hash value is collided and you can get a reward, Each person will pay the corresponding chips to C and put them in the blockchain. The reward is bitcoin or other virtual coins
Why do the other three people take the initiative to reward C? That's because these people have automatically reached a consensus that C has indeed won, and everyone has recorded the account, including the family members who are sitting next to buy horses. It's not good to deny it, otherwise when it comes out that the character is not good, no one will play with him again. After all, the circle is very important
when we reached a consensus, we didn't see any intermediary or third party judging that C had won, and the rewards given to C didn't need to be transferred to C through the third party. All of them were direct point-to-point transactions. This process was decentralization. The card players (miners) recorded their own achievements in the first game, and the third team won the first game, After the record is completed, a complete block is generated. But remember, this is only the first round. In the whole blockchain, this is just a node. The first eight rounds are finished, that is, eight nodes (blocks). Eight blocks are connected together to form a complete account book, which is the blockchain. Because everyone has one account book, it is a distributed account book. The purpose is to prevent someone from tampering with records. In the end, it is clear who wins or loses.

5.

Blockchain itself is not illegal, but if it is used illegally, it is illegal

Li Bin, deputy director of Chongqing big data application and development administration, said that as a disruptive innovative frontier technology in the field of big data intelligence, the Chongqing municipal government attaches great importance to active layout, and the municipal government and Yuzhong District Government jointly build a blockchain base. In the second half of last year, the government issued the opinions on accelerating the cultivation and innovative application of blockchain instry, It has officially launched the construction of a place for strategic innovation of blockchain

while actively encouraging the technological progress and instrial development of blockchain, we will resolutely prohibit the illegal use of blockchain technology in accordance with the requirements of relevant national policies

at present, China's blockchain technology and application continue to innovate, and are graally applied in supply chain finance, credit reference, proct traceability and other fields, with huge development space. As a new technology, if blockchain wants to realize large-scale practical application, it must strengthen the cooperation of instry, University, research and application, and promote the continuous development and maturity of technology and application

since 2017, the development of blockchain technology has aroused the deep concern of the government, enterprises and other sectors. Because of its decentralized, tamperable and traceable characteristics, blockchain attracts investors to add weight to this new technology field. For the previous hot speculation of blockchain technology, the cognition of it and investment circles has become increasingly rational

extended data

"Regulations on the management of blockchain information services (Draft)"

Article 9 blockchain information service providers and users shall not use blockchain information services to engage in activities that are prohibited by laws and regulations, such as endangering national security, disrupting social order, and infringing the legitimate rights and interests of others, and shall not use blockchain information services to proce and use blockchain information services Copy, publish and disseminate information prohibited by laws and regulations

Article 13 a blockchain information service provider shall, as the case may be, take such measures as warning, limiting functions, closing account numbers, etc. for users of blockchain information services who violate laws, regulations and service agreements, so as to timely eliminate illegal information, prevent information diffusion, keep relevant records, and report to relevant competent authorities

Article 18 If a blockchain information service provider, in violation of the provisions of Article 9 of these Provisions, makes, copies, publishes and disseminates information content prohibited by laws, regulations and relevant national regulations, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall give a warning and order it to correct within a time limit according to law

if the circumstances are serious or refuse to correct, the service shall be ordered to suspend, and a fine of not less than 5000 yuan but not more than 30000 yuan shall be imposed, until the relevant departments close the service according to law. If a crime is constituted, criminal responsibility shall be investigated according to law

If a blockchain information service user violates the provisions of Article 9 of these provisions and makes, copies, publishes and disseminates information content prohibited by laws and regulations and relevant national regulations, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall deal with it in accordance with relevant laws and administrative regulations

Article 19 If a blockchain information service provider violates the provisions of Article 6 of these provisions and fails to mark its record number on its network platform, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall order it to make corrections within a time limit according to its ties, and if it refuses to make corrections, it shall be given a warning and fined not less than 5000 yuan but not more than 10000 yuan

Article 20 If a blockchain information service provider violates the provisions of paragraph 1 of Article 4 of these provisions and fails to go through the filing proceres in accordance with these Provisions, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall order it to make corrections within a time limit according to its ties, and if it refuses to make corrections or if the circumstances are serious, it shall be given a warning and fined not less than 10000 yuan but not more than 30000 yuan

Article 21 if the blockchain information service provided by the blockchain information service provider has potential information security risks, the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government shall, according to its ties, order it to rectify and suspend the service within a time limit, and continue to provide information services until it meets the relevant requirements of laws and regulations and national mandatory standards after rectification

if the blockchain information service provider violates the provisions of Article 4, paragraph 2, Article 8, Article 11, Article 12, Article 15 and Article 16 of these Provisions, the state and local Internet Information Office shall give a warning and order it to correct within a time limit according to its ties; If the circumstances are serious or if he refuses to make corrections, he shall be ordered to suspend service and be fined not less than 5000 yuan but not more than 30000 yuan; If a crime is constituted, criminal responsibility shall be investigated according to law

if the blockchain information service provider violates the provisions of Articles 10, 13 and 14 of these Provisions, it shall be handled by the Internet Information Office of the state, provinces, autonomous regions and municipalities directly under the central government in accordance with the provisions of the network security law of the people's Republic of China

6. It is suggested that you should study the blockchain after you have just contacted it. In fact, blockchain is essentially a decentralized distributed ledger database. It is a series of data blocks generated by using cryptography Association. Each data block contains information about effective confirmation of multiple bitcoin network transactions. This is the definition of blockchain. If you want to have an in-depth understanding of blockchain, you need to do a little research. Including the characteristics of blockchain technology itself: decentralization, tamper proof, anonymous encryption, point-to-point transaction, intelligent contract, value quantification, accurate data description, etc., there are many contents, which will not be repeated one by one. I don't know which lawyer you are looking for in the field of blockchain. I have contacted the lawyer group of blockchain before. It's better to find a professional one. I hope it can help you.

7. As long as it doesn't involve national comfort and personal privacy, you are legal

8. Give him some money, find he has a lot of money, ask him to go again tonight, he also agreed. Hindley is ridiculous

9. Domestic blockchain projects are still relatively conservative. Blockchain projects always involve a derivative instry, that is, digital currency transactions. If domestic projects are not allowed, what should we do? You can register a non-profit foundation in Singapore and add relevant legal opinions to prove that the project you are doing does not violate the current laws and regulations of Singapore, such as Biyuan chain and Leyte coin

after registering the main body of the foundation, we still need to do later legal compliance, the main purpose is to draw a clear line between law and crime, but I said it doesn't count. Because digital token is indispensable for blockchain. To put it bluntly, digital currency drives the popularization of blockchain in China, but what's the fact? Digital currency is just a small application of blockchain technology

e to the particularity of the instry, At present, there are no formal laws and regulations to restrict its development, involving a wide range of violations:
pyramid selling
illegal fund-raising
money laundering
absorbing public deposits
illegal operation
transnational foreign exchange crimes
providing more convenience for terrorist financing

therefore, different countries in the world have different attitudes towards blockchain, and China is explicitly prohibited, So we all go overseas to develop projects, such as Singapore and Thailand. First, the local laws and regulations are required. Who has the final say in the matter of whether the project is legal? There are two ways: to apply for a formal digital transaction license or to rely on a legal opinion issued by a lawyer. At present, the latter is in the majority, easy to operate and low cost.

10. Some foreign legal blockchain platforms will be regulated in China, and the laws of the two countries are different.