Thailand’s SEC Rejects Spot Bitcoin ETF, Here’s Why

Categories
bitcoin ETF, Bitcoin ETF approval, Bitcoin News, BTC-ETF, BTCUSDT, ETFs, ETFs news, Thai SEC, Thailand Cryptocurrency Regulation, Thailand SEC

After last week’s historic approval of Spot Bitcoin ETFs (Exchange Traded Funds) by the US Securities and Exchange Commission (SEC), investors worldwide wonder about the possibility of this financial product launching in their countries. A local source released a report on January 17 stating that Thailand’s SEC has rejected the trading of ETFs in the […]

Crypto Triumph: Thailand’s Second-Largest Bank Seizes Control Of Local Exchange | Bitcoinist.com

Categories
acquisitions, AI crypto, Asian crypto exchange, Crypto, Crypto exchange news, crypto exchange platform, Crypto News, cryptocurrencies, Cryptocurrency, cryptocurrency market, DeFi, digital currency, Thailand, Thailand Blockchain, Thailand Cryptocurrency Regulation

Thailand’s Kasikorn Bank (K-Bank) has made a significant move to strengthen its position in the digital asset space. According to recent reports, the bank acquired a 97 percent stake in Satang, a local cryptocurrency exchange. The deal, valued at 3.705 billion Thai baht ($102.8 million), marks K-Bank’s strategic entry into the rapidly growing Thai digital […]