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Thailand SEC Seeks Public Comment on Crypto ETF Draft Rules

OdailyOdaily
ETHUSDT--BTCUSDT--

Odaily News: Thailand's Securities and Exchange Commission (SEC) is seeking public comment on proposed rules for spot Bitcoin and Ethereum ETFs, with the draft also covering adjustments to eligibility requirements for foreign custodians. Digital asset ETFs must be established and managed by licensed asset management companies and are subject to existing ETF rules and digital asset investment requirements.

The Thai SEC stated that Bitcoin and Ethereum funds will be included first, and other altcoin funds will be considered only after conditions are met; wrapper funds will also be opened later. Such products must be listed and traded on the Stock Exchange of Thailand (SET), and foreign custody arrangements may be adopted when necessary and appropriate. (Bitcoin.com News)

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