🚨 BREAKING BRONDOR - THAILAND JUST FORCED ITS MONEY INTO $BTC AND $ETH ... AND YOUR ALTS AREN'T INVITED KEKK
everyone's posting "Thai ETFs start trading oct 16"... ❌WRONG!❌
oct 16 is when the rules go live
no issuer approved it yet Tribe!
the real news is the part nobody read lol
> retail can't buy foreign crypto ETFs anymore, only the ones listed in Thailand
> Thai mutual funds and private funds can now buy them too
> 0% capital gains tax on crypto until 2029
so every baht that wants crypto exposure gets pushed into one door
and that door only opens to BTC and ETH
$SOL , $XRP and the rest?
"future additions depend on liquidity, network security and investor protection"
translation: get in line
this is the same playbook everywhere
US, Hong Kong, now Thailand
regulators pick 2 coins first and make everyone else wait years
Tribe, CX keeps screaming altseason while govs keep building rails for two assets only
NFA DYOR Tribe #Macro Insights# #Thailand #Bitcoin
-Brondor
everyone's posting "Thai ETFs start trading oct 16"... ❌WRONG!❌
oct 16 is when the rules go live
no issuer approved it yet Tribe!
the real news is the part nobody read lol
> retail can't buy foreign crypto ETFs anymore, only the ones listed in Thailand
> Thai mutual funds and private funds can now buy them too
> 0% capital gains tax on crypto until 2029
so every baht that wants crypto exposure gets pushed into one door
and that door only opens to BTC and ETH
$SOL , $XRP and the rest?
"future additions depend on liquidity, network security and investor protection"
translation: get in line
this is the same playbook everywhere
US, Hong Kong, now Thailand
regulators pick 2 coins first and make everyone else wait years
Tribe, CX keeps screaming altseason while govs keep building rails for two assets only
NFA DYOR Tribe #Macro Insights# #Thailand #Bitcoin
-Brondor