Thailand

Thailand grantes approval for its first Bitcoin Exchange-Traded Fund (ETF)

Thailand has granted approval for its first Bitcoin Exchange-Traded Fund (ETF), representing a notable milestone in the nation’s cryptocurrency industry. The Thai Securities and Exchange Commission (SEC) has granted authorization to One Asset Management (ONEAM) to introduce a Bitcoin Exchange-Traded Fund (ETF), which is planned to be distributed from May 31 to June 6. By making this decision, Thailand is joining other countries in adopting regulated investment products related to

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