Search results for Thai SEC
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.
Crypto
Thailand expands crypto travel rule, mandates verification for self-custody wallets
Thailand is introducing a travel rule covering self-custody wallets to strengthen anti-money laundering measures for cryptocurrencies. The key change requires verification of wallet ownership or control even for transactions involving personal wallets that do not go through regulated operators such as exchanges. The Thai SEC has finalised risk management rules for transfers and receipts of digital assets, which take effect on Feb. 27 next year, giving operators about six months to prepare systems.
Crypto
Thailand spells out crypto ETF rules, bitcoin and ethereum to be allowed first
Thailand has advanced plans to introduce spot cryptocurrency exchange-traded funds by releasing draft rules for local crypto ETFs and standards for overseas digital asset custodians. Initial approval would be limited to bitcoin and ethereum, allowing asset managers to launch passive ETFs tracking their prices. Each ETF would hold only one cryptocurrency and keep average net exposure at 80 percent or more. Trading would be done only through the Thai SEC, and feedback is open until Sept. 20.