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Thailand considers approving local Bitcoin ETFs amid global competition

Thailand’s Securities and Exchange Commission (SEC) is considering the introduction of local Bitcoin exchange-traded funds (ETFs), which would give both individual and institutional investors direct exposure to BTC.

According to SEC Secretary-General Pornanong Budsaratragoon, this initiative aligns with the global trend of increasing cryptocurrency adoption and would expand investment options while ensuring protection.

Thailand’s growing crypto market is underscored by Binance’s recent launch of crypto exchange services, providing insights into the region’s interest in cryptocurrency.

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