News Explorer — Thailand Considering Spot Bitcoin ETFs

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Jan 15, 3:36 pm

Decrypt

Thailand Considering Spot Bitcoin ETFs

Thailand is considering allowing the listing of local Bitcoin spot ETFs to provide more options for investors. The country's SEC Secretary-General emphasized the need to adapt to global cryptocurrency adoption and ensure investor protection. Former Prime Minister Thaksin Shinawatra suggested issuing stablecoins backed by government bonds and allowing companies to issue stablecoins backed by corporate bonds.

Thailand is considering allowing the listing of local Bitcoin spot ETFs to provide more options for investors. The country's SEC Secretary-General emphasized the need to adapt to global cryptocurrency adoption and ensure investor protection. Former Prime Minister Thaksin Shinawatra suggested issuing stablecoins backed by government bonds and allowing companies to issue stablecoins backed by corporate bonds.

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