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Paxtradings Crypto Minute: May 13, 2018

PAX Trading > Blog > Crypto Minute > Paxtradings Crypto Minute: May 13, 2018

ICOs in Thailand Launching Token Sales Before Regulatory Framework Finalized

J Ventures Limited has launched an ICO for Jfin Coin. According to Bitcoin.com, this ICO is likely “pave the way” for future token sales in Thailand, as Zmine Holdings Limited is also planning a token sale. The Thai government is currently drafting regulations for cryptocurrencies and ICOs.

Huawei Reaches Partnership With BTC.com

Huawei, the third largest smartphone ‎manufacturer in the world, has announced a partnership with ‎BTC.com. According to Finance Magnates, the partnership will allow users to download Bitcoin wallets through Huawei’s app store, AppGallery.‎ Users all over the world will have access to the app store.

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More South Africans Plan on Investing in Cryptocurrencies

47 percent of South Africans claim that they intend to invest in cryptocurrencies. According to Crypto Coins News, the MyBroadband 2018 Cryptocurrency Survey suggests that more South Africans plan on investing by owning a cryptocurrency or by setting up a related activity, such as mining. Specifically, 25 percent of respondents plan on investing directly in cryptocurrency, 15 percent plan on investing in cryptocurrency and mining, while 7 percent plan on investing in mining.

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