The Securities and Stock Exchange Committee in Thailand takes a big step towards numbering its financial markets by offering a Blockchain trading platform.
This initiative is designed to simplify the issuance and circulation of digital codes, providing a safe and effective framework for securities and investors.
With digital assets gain momentum, Thailand defines itself as a regional leader in the funding of the regulating Blockchain.
The platform will support a range of distinctive assets, including traditional securities and entire digital tools, and promoting market transparency and operational efficiency.
This step is also in line with the broader SEC strategy of integrating the Distributed Professor Book Technology (DLT) to update the capital markets in Thailand.
SEC expansion of digital assets trading
The Blockchain -based system will facilitate the trading of the primary and secondary market, and it covers everything from the settlement and payments to the registration of investors and compliance.
By inserting a multi -breed overlap, SEC aims to create a flexible trading environment that can accommodate various Blockchain networks.
As part of its organizational batch, SEC in Thailand is also developing new rules for issuing electronic securities and buying bonds online.
The organizer has already agreed on four digital numerical projects, with two additional applications under review-one focuses on green financing and the other in investment-based projects.
The initiative is expected to create a safe treatment environment in the actual time, which reduces the risks of the opposite end and enhancing liquidity.
This comes at a time when the financial sector in Thailand is increasingly distinguished, as institutions and retailers have shown increasing interest in Blockchain -based securities.
Despite these developments, encryption payments remain bound by the central bank in Thailand.
However, the government explores the regulatory sand boxes to assess cases of digital currency in the controlled environments.
Thailand tests encryption payments in Foucape
In a parallel development, Thailand is experimenting with encrypted currency payments at the Foucapers Tourism Center.
Pichai Chunhavajira announced that the initiative will enable foreign visitors to use digital principles for purchases in the specified areas.
The experimental program is designed to comply with the current financial regulations, which eliminates the need for new legal amendments.
The government believes that this is a step towards maintaining the competitiveness of Thailand in global tourism while adapting to the adoption of encryption payments around the world.
Reports also indicate that Thailand is considering echo -backed Stablecooin.
Although there is no official confirmation, this step will indicate the increasing openness to the government on Blockchar’s financial solutions.
Meanwhile, the financial scene in Thailand continues to develop, with one of the launch of the first -to -country asset management box in the country (ETF) in June.
SEC’s support for Oneam’s Bitcoin ETF is a milestone in integrating digital assets into organized financial markets.
By embracing Blockchain technology and creating digital assets, Thailand puts herself as a regional leader in a safe, compatible and effective symbolic trading.
The last SEC initiative is a strategic batch to update financial markets while maintaining strong regulatory control.
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