Thailand SEC’s New Three-Year Plan Pushes Tokenization, Crypto ETFs

In brief

  • Thailand’s new three-year plan for developing its capital markets will see new measures for the crypto industry.
  • Among them, the SEC anticipates a new regulatory framework for crypto ETFs early this year.
  • It is also seeking to curb crypto scams and the use of mule accounts.

Thailand’s Securities and Exchange Commission (SEC) will bring in new provisions for crypto exchange-traded funds and the development of digital assets as an investment class as part of its new three-year plan.

The plan, released Monday, focuses on improving the competitiveness of and confidence in local markets, leveraging technology for the development of digital assets as an investment class, creating sustainable capital markets, improving the…

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