Stock Exchange of Thailand to Launch Digital Asset Exchange ‘Very Soon’
The Stock Exchange of Thailand is getting ready to launch a digital asset exchange. The president of the Thai bourse expects the country’s crypto regulator, the Thai Securities and Exchange Commission (SEC), to approve the launch “very soon.” Stock Exchange of Thailand Prepares to Launch a Digital Asset Exchange The president of the Stock Exchange of Thailand (SET), Dr. Pakorn Peetathawatchai, discussed the SET’s upcoming digital asset exchange in an interview with Bloomberg, published Sunday. He explained: We expect that our regulator, the SEC, will give an....
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The SET announced its digital asset exchange early last year, originally planning to avoid cryptocurrencies. The Stock Exchange of Thailand (SET) is looking at launching a new digital asset exchange integrated with the cryptocurrency market, according to president Pakorn Peetathawatchai.The SET is expecting to launch its own digital asset exchange in 2022, planning to enable new exposure options like investment tokens and utility tokens, Peetathawatchai said in a Bloomberg interview on Sunday.While the SET’s upcoming digital asset exchange will not be directly related to crypto markets,....
Thailand’s stock exchange doesn’t want cryptocurrencies included on its new digital asset trading platform. The Stock Exchange of Thailand, or SET, is planning to launch a digital asset trading platform in the second half of 2021, but it will not include cryptocurrencies.The headline in The Bangkok Post “Digital asset trade imminent" appears at first glance to be bullish for the industry in the region but the report notes the bourse does not want to include cryptocurrencies:“The SET says cryptocurrencies do not meet its product qualifications and could facilitate money laundering, while....
Crypto exchange Binance is launching a new exchange in Thailand after the country’s Securities and Exchange Commission (SEC) filed a complaint against the company for operating without a license. Binance has now signed an agreement with Gulf Energy Development, a Thai public company, to establish a crypto exchange in Thailand.
Binance and Gulf Energy to Establish a Crypto Exchange in Thailand
Gulf Energy Development, a Thai public company, notified the Stock Exchange of Thailand (SET) Monday that its wholly owned subsidiary Gulf Innova has entered into a Memorandum....
Switzerland’s stock exchange SIX has won regulatory approval to launch its long-awaited bourse for digital assets. This authorization enables the exchange “to go live with a fully regulated, integrated trading, settlement, and custody infrastructure based on distributed ledger technology for digital securities.” SIX Digital Exchange Greenlighted to Launch SIX Digital Exchange (SDX) announced Friday that it has formally obtained two licenses from the Swiss Financial Market Supervisory Authority (FINMA) “to operate a stock exchange and a central securities....
Switzerland cleared the way for more bitcoin trading and other digital assets by authorizing a new digital stock exchange. Swiss Exchange, SIX Digital Exchange (SDX), now has the approval to launch a digital asset marketplace utilizing DLT. Related Reading | BBVA Switzerland Launches Crypto Wallet and Investment Offerings for Retail Investors The Exchange formally received the […]