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Bangkok Post – Regulator nixes launch of Bitcoin ETFs

A representation of Bitcoin presented in an illustration released on Jan 11. (Photo: Reuters)

The Securities and Exchange Commission (SEC) says it does not plan to allow asset management firms to launch spot Bitcoin exchange-traded funds (ETFs) in Thailand at the moment after its US counterpart approved the establishment of 11 Bitcoin ETFs last week.

On Jan 11, the US SEC approved rule changes to allow the creation of listed ETFs, marking a turning point for the…

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