Thailand’s primary regulator of the crypto industry - SEC, according to the Bangkok Post article published on Wednesday, has approved the country's first portal for ICO. The main purpose of these portals is to screen tokens, perform due diligence, ensure project consistency with its whitepaper and verify the know-your-customer process.

Creating these portals is an effort to regulate the ICO of new crypto projects and to further protect investors, because there is still a lot of fraud in this form of funding.