Crypto
Thailand allows spot bitcoin and ether ETFs, effective Oct. 16
Thailand\'s Securities and Exchange Commission has allowed the domestic inclusion of spot cryptocurrency exchange-traded funds limited to bitcoin and ether. The regulator issued 11 related rules on Oct. 8, and the new rules take effect on Oct. 16. The SEC set conditions for fund structure, custody and trading, and introduced investor-protection steps. It also restricted alternative products and tightened requirements for asset managers and service providers.