Thailand SEC Proposes New Crypto Investment Rules
The Securities and Exchange Commission of Thailand (SEC) has proposed new crypto investment rules for mutual funds and private equity funds. These new guidelines are aimed to bring changes to investment in digital assets and ensure they align with international developments and the growing interest of institutional investors.
SEC’s proposal is currently seeking public feedback to reform the standards for fund investments in digital assets. As per the proposal, SEC intends to allow securities firms and asset management firms to offer services to large investors interested in diversifying their investments into crypto-related products, like exchange-traded funds (ETFs).
Following the suit of the US ETF market, the regulator said the…
