News with the tag "Thailand SEC"

On Monday, Thailand’s Finance Minister, Pichai Chunhavajira, said that while some countries allow crypto payments via credit card-linked systems, it is not yet allowed in Thailand. He also revealed that the country’s government is considering permitting digital assets to be linked with certain servi...

The Securities and Exchange Commission (SEC) of Thailand has restricted its tokenized government bonds, G-Token, from being used as a means of payment. The regulator laid out clear rules on G-Tokens, emphasizing that the intention is not to use them for trading like other cryptocurrencies, per a Ban...

Thailand’s Ministry of Finance is set to launch $150 million worth of digital investment tokens, marking a significant step toward financial inclusivity for retail investors. The initiative, confirmed by Finance Minister Pichai Chunhavajira during a May 13 press briefing , will allow the general pub...

Thailand’s Securities and Exchange Commission (SEC) has given the nod to Tether’s USDT to operate in the country. The move will see USDT granted legal approval in the Southeast Asian country as it seeks global regulatory compliance. USDT Approved As Cryptocurrency In Thailand Thailand’s securities w...

Thailand is witnessing a significant breakthrough in its ambitious vision to establish a digital asset hub. A recent report on Wednesday revealed Thailand’s plans to adopt Bitcoin ETFs, permitting local exchanges to list the exchange-traded funds. Thailand Prepares for Bitcoin ETF Debut The Thai Sec...

Siam Commercial Bank (SCB) has teamed up with SCB 10X to launch the first cross-border payment using stablecoins in Thailand. The new solution, created together with Lightnet, is to provide a simple and fast cross-border payment solution using stablecoins and public blockchain. Thailand Bank SCB Unv...

Thailand’s financial regulator (SEC) announced on August 9 the launch of a “regulatory sandbox” designed to “test and refine” cryptocurrency services. Amid the rapid adoption of crypto and the increasing

On August 9, 2024, the Thailand SEC launched its Digital Asset Regulatory Sandbox, aiming to drive innovation within the country’s Bitcoin and digital asset industries. This initiative creates a controlled

The Securities and Exchange Commission (SEC) of Thailand has granted approval to One Asset Management (ONEAM) to launch a fund that invests in spot bitcoin exchange-traded funds (ETFs). The fund, named “One Bitcoin ETF Fund of Funds Unhedged Fund Not For Retail Investors (ONE-BTCETFOF-UI),” is acces...

In a groundbreaking development for the cryptocurrency market, the Thailand Securities and Exchange Commission (SEC) has approved the country’s first spot Bitcoin Exchange-Traded Fund (ETF). This historic move marks a significant step forward in the mainstream adoption of digital assets within Thail...