Thailand SEC Issues 11 New Crypto ETF Regulations, Initially Permitting Only Bitcoin and Ethereum

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Thailand SEC news: On October 9 (UTC+8), the Thailand Securities and Exchange Commission announced 11 new crypto ETF regulations, effective October 16. The rules initially permit only Bitcoin ETFs and Ethereum-based products, requiring a minimum 80% net exposure to a single asset. Assets must be held by regulated custodians. Mutual funds and private funds may invest in local crypto ETFs, but brokers are prohibited from offering financing or offshore services to retail investors during the first phase.

According to ME News, on October 9 (UTC+8), Thailand’s Securities and Exchange Commission issued 11 regulatory provisions related to cryptocurrency ETFs, effective October 16. In the first phase, ETFs will be permitted to invest only in Bitcoin and Ethereum using a passive investment strategy. The annual average net exposure to a single crypto asset must not be less than 80% of the fund’s net assets, and assets must be held by a regulated digital asset custodian. Additionally, the new rules allow mutual funds and private funds to invest in Thailand-based crypto ETFs, but prohibit brokers from offering margin financing for purchases. In the first phase, brokers are prohibited from providing overseas crypto ETF investment services to clients other than institutional investors and ultra-high-net-worth individuals. (Source: Foresight News)

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