Thailand Prepares Crypto ETF Framework as Institutional Demand Grows
From financefeeds.com
The Securities and Exchange Commission (SEC) of Thailand is working quickly to set up rules for cryptocurrency exchange-traded funds (ETFs), futures trading, and tokenized financial products. The goal of the program is to make the country a top regional centre for institutional crypto adoption, as demand from professional investors continues to grow. The SEC has approved crypto ETFs in principle and is now working on comprehensive rules for investing in and operating them. The SEC said that formal rules will be released “early this year.” This comes after Thailand officially recognised digital assets as an asset ...
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