Tech
SEC Approves Setting Up of Crypto ETF in Thailand for Bitcoin and Ethereum Investments Starting October 16, 2022
The Securities and Exchange Commission (SEC) has approved the establishment of Crypto ETF in Thailand, which will start investing in Bitcoin and Ethereum from October 16, 2022. Strict controls will be in place, prohibiting the use of margin trading.
The Securities and Exchange Commission (SEC) has approved a securities firm to set up a Crypto ETF (Exchange Traded Fund) in Thailand, which will start investing in Bitcoin and Ethereum from October 16, 2022, as reported by various news agencies.
Investments in this Crypto ETF will be strictly controlled, prohibiting the use of margin trading to prevent potential risks from the crypto market.
This approval to set up a Crypto ETF in Thailand marks an opportunity for Thai investors to access the crypto market through a regulated stock exchange.
Sources
Compiled from multiple sources by AI and the PASA TALK team