Market News / Story
Thailand Opens the Door to Crypto ETFs, but Shuts the Back Door on Foreign Ones
Beincrypto ·
Beincrypto reports: Thailand’s rules allowing Bitcoin and Ethereum ETFs on its stock exchange take effect on October 16. The same rulebook blocks brokers from steering ordinary investors into foreign crypto ETFs. The Securities and Exchange Commission (SEC) issued 11 notifications on October 8 after two rounds of public hearings. Until now, Thai mutual funds could get crypto ETF exposure only through products listed abroad. Why Is Thailand Keeping Crypto ETF Money at Home? For now, the…