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Thailand's SEC has declined to approve the trading of spot Bitcoin ETFs
1 month ago 1 min read

Thailand’s SEC says no to Bitcoin ETF trading while allowing digital investments through local exchanges

Thailand‘s Securities and Exchange Commission (SEC) has declined to approve the trading of spot Bitcoin ETFs, indicating a cautious approach to these investment products. The decision comes after the recent approval of Bitcoin ETFs in the United States, including industry leader BlackRock. On January 17, local media reported that the Thai SEC is currently unprepared to support spot Bitcoin ETFs in the country. Despite the US approving 11 companies to launch Bitcoin ETFs, Thai authorities point to a lack of appropriate policies to facilitate such offerings domestically. While the United States has made significant progress in approving Bitcoin ETFs, Thailand’s