With Bitcoin’s growing popularity, many countries are now considering the pros and cons of this digital currency to include it as one of their official currencies, aiming to boost their economies.
Starting with El Salvador as the first country to recognize Bitcoin, more and more countries are now following suit.
Recently, neighboring Thailand is considering allowing Bitcoin exchange-traded funds (ETFs) to be listed on its local exchange for the first time.
According to SEC Secretary General Pornanong Budsaratragoon, the initiative led by the Securities and Exchange Commission (SEC) aims to provide more access to investors in crypto with appropriate protections.
The move shows the potential for a shift to strengthen the country’s digital asset sector, with the aim of providing more access to investors in crypto with appropriate protections.
In an interview on Tuesday, Budsaratragoon stressed that Thailand needs to keep pace with the growing acceptance of cryptocurrencies around the world, highlighting how important it is for the country to adapt to the global shift.
