Raffaele
Sun Jun 09 2024
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7 answers
1489
Is Thailand crypto-friendly?｜According to the Bangkok Post, Thailand's SEC has chosen not to allow spot bitcoin exchange-traded funds (ETFs). This approach resembles South Korea's, which also decided against allowing such ETFs in its domestic markets.
Could you please elaborate on Thailand's stance towards cryptocurrencies? It seems that according to the Bangkok Post, Thailand's SEC has opted not to permit spot bitcoin exchange-traded funds (ETFs). Does this decision indicate that Thailand is not crypto-friendly? How does this approach align with other countries' regulations, particularly South Korea, which has also decided against allowing such ETFs in its domestic markets? What does this mean for the future of cryptocurrencies in Thailand?
