Wu said learned that the Securities and Exchange Commission (SEC) of Thailand announced on October 8 that it has officially issued 11 regulatory provisions related to cryptocurrency ETFs, which will take effect on October 16. In the first phase, ETFs will only be allowed to invest in Bitcoin and Ethereum. Products must be listed and traded on the Stock Exchange of Thailand, adopt a passive investment strategy, and the annual average net exposure to a single crypto asset must not be less than 80% of the fund's net asset value, with assets custodied by a regulated digital asset custodian. In addition, the new rules allow mutual funds and private funds to invest in domestic Thai cryptocurrency ETFs, but prohibit securities firms from providing margin financing services for purchases, and ordinary investors are temporarily unable to invest in overseas cryptocurrency ETFs through Thai securities firms.
Thailand's SEC issues 11 new rules for crypto ETFs, effective October 16, with the first phase allowing ETFs to invest only in Bitcoin and Ethereum.
Habari zinazohusiana
Blockchain Association Presses Congress on Crypto Taxes as Clarity Act Stalls
Bitcoin Magazine Blockchain Association Presses Congress on Crypto Taxes as Clarity Act Stalls The Blockchain Association asked congressional leaders Thursday to pass bipartisan cr...
Arkham CEO on $1 Billion of U.S. Government Bitcoin Moved to “Unknown” Wallet
▶Bitcoin Magazine Arkham CEO on $1 Billion of U.S. Government Bitcoin Moved to “Unknown” Wallet A US gov wallet moved $1B in BTC. Arkham's Miguel Morel breaks down transaction trai...
Msimamizi wa Fedha wa Uswisi Atoa Idhini kwa ETF ya Kwanza ya Bitcoin Nchini
Bitcoin Magazine Mdhibiti wa Fedha wa Uswisi Atoa Idhini kwa ETF ya Kwanza ya Bitcoin Nchini Funds za Bitcoin zinazouzwa kwenye soko la hisa zilikuwa zinapatikana tu kwa wawekezaji...
BlackRock Yawasilisha Maombi ya ETF ya Bitcoin Yenye Kinga ya Kushuka na Faida Iliyowekewa Kikomo
Bitcoin Magazine BlackRock Yawasilisha Maombi ya ETF ya Bitcoin Yenye Ulinzi wa Kushuka na Faida Iliyowekewa Kikomo Wasilisho jipya kwa SEC linaonyesha BlackRock inataka kutoa exch...
Mchambuzi wa Siebert mwenye AUM ya $20B: Bitcoin kufikia $175K mwaka 2027
Bitcoin Magazine Mchambuzi wa Siebert wa AUM ya $20B: Bitcoin kufikia $175K mwaka 2027 Siebert Financial inalenga Bitcoin ya $175K na $350 Strategy. Brian Vieten anaeleza mchakato...