Omise is planning a funding round through digital cryptocurrency; the blockchain digital payments startup will sell digital ether tokens with a fundraising target of up to $16 million; the fundraising will begin in May and the service plans to launch in the fourth quarter; the digital cryptocurrency fundraising represents a new funding alternative to venture capitalist investing and allows the firm to gain public participation from a broad set of stakeholders without selling equity in the company. Source
New regulations for peer-to-peer lending in Thailand are scheduled for approval by the end of the year; the new regulations will be formulated from an open comment, public hearing which ended on October 15; a licensing process is also expected to follow in 2017. Source