Thailand Pursues Bitcoin And Ethereum ETF Market On Own Terms
Thailand is moving to participate in the expanding Bitcoin and Ethereum exchange-traded fund market while establishing its own regulatory framework.
Thailand is seeking to enter the $120 billion Bitcoin and Ethereum exchange-traded fund market, according to a report published by CryptoSlate. The country aims to establish its own regulatory framework and conditions for these investment products rather than directly mirroring international standards.
Market Expansion
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The global market for exchange-traded funds tied to major digital assets has expanded significantly, prompting interest from various jurisdictions seeking structured exposure for local investors. Thailand's approach focuses on developing tailored regulatory oversight to govern participation in the sector.
Key facts
- Thailand aims to enter the $120 billion Bitcoin and Ethereum exchange-traded fund market.
- The country plans to establish its own terms for participation, according to CryptoSlate.
- The initiative targets structured integration of digital asset investment products under domestic oversight.
Source: news.google.com
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