Thailand’s SEC Proposes Crypto Buffet for Big Investors 🍽️
Thailand's SEC is spicing up the crypto scene! Their Oct. 9 proposal aims to let mutual and private funds dive into crypto products, catering to the growing appetite of institutional investors.
Key highlights:
- Funds can now invest in crypto ETFs listed on U.S. exchanges.
- Securities firms and asset managers can offer crypto goodies to big spenders.
- "Investment tokens" will be treated like stocks and bonds.
Retail mutual funds get a 15% crypto cap, while big players enjoy unlimited servings. 🍰
Join the convo: What do you think about Thailand’s crypto-friendly move? 💬