Thailand Set to Revolutionize Crypto Market with Bitcoin ETFs and Stablecoin Initiatives
The fight to become the topmost digital-assets hub of the Asia-Pacific region intensifies, as Thailand explores listing Bitcoin ETFs and expanding stablecoin initiatives. Let’s delve into the details shaping this silent financial revolution in the Asian region.
Thailand’s Push for Bitcoin ETFs
As per recent reports, the Securities and Exchange Commission of the Asian country of Thailand is preparing to allow Bitcoin ETFs to list on local exchanges. SEC Secretary-General Pornanong Budsaratragoon acknowledged the reports revealed the regulator’s plan to bring revolutionary changes in the crypto sector.
Once implemented, the plan will enable individuals and institutions to invest directly in local BTC ETFs.
Currently, only…