Crypto Daily – Thailand’s SEC is considering approving local ETFs to expand crypto investment options and establish the nation as a digital asset hub.
Thai BTC ETFs Could Be Listed On Local Exchanges
Thailand is exploring the possibility of allowing Bitcoin exchange-traded funds (ETFs) to be listed on its local exchanges. This move, championed by the country’s Securities and Exchange Commission (SEC), marks a significant step toward positioning Thailand as a leading digital asset hub.
SEC Secretary-General Pornanong Budsaratragoon emphasized the need for adaptation in the rapidly evolving crypto landscape, stating,
“Like it or not, we have to move along with more adoption of cryptocurrencies worldwide. We have to adapt and ensure that our investors have more options in crypto assets with proper protection.”
Regulatory Shift Toward Bitcoin ETFs
Previously, Thailand’s SEC had limited its approach to overseas spot Bitcoin…
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