Thailand’s Crypto Market is Focusing on Institutional Investors

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The CEO of Binance Thailand states that Thailand is currently in the process of transitioning from a retail-focused to an institutional-focused digital assets market, positioning itself as a leading fintech hub in Southeast Asia.

In an opinion piece for the Bangkok Post, Nirun Fuwattananukul highlights the recent regulatory move by the Securities and Exchange Commission, which allows for institutional mutual and private funds to invest in cryptocurrency products like ETFs from the US.

This move is seen as a crucial step in the growth and development of Thailand’s cryptocurrency landscape, as it enables a greater diversity of investment strategies and promotes broader acceptance of digital assets in mainstream finance.

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.