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Thailand plans crypto ETF rules as institutional interest increases

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 17 Views

Thailand plans crypto ETF rules as institutional interest increases

Thailand’s SEC is planning new crypto ETF and futures trading regulations as the country looks to position itself as a regional crypto hub for institutions.

Thailand's Securities and Exchange Commission is preparing new regulations to support crypto exchange-traded funds (ETFs), crypto futures trading and tokenized investment products.

SEC deputy secretary-general Jomkwan Kongsakul said the regulator plans to issue formal guidelines supporting the establishment of crypto ETFs in Thailand “early this year,” the Bangkok Post reported on Thursday.

“A key advantage of crypto ETFs is ease of access; they eliminate concerns over hacking and wallet security, which has been a major barrier for many investors,” Kongsakul said.

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