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Friday, May 3, 2024

Bangkok Post – Rich investors given Bitcoin green light

The SEC wants to observe spot Bitcoin ETF trading. (Photo: Patipat Janthong)

The Securities and Exchange Commission (SEC) plans to allow securities companies to offer trading of spot Bitcoin exchange-traded funds (ETFs) to institutional and high net worth (HNW) investors, but not retail investors.

InnovestX Securities revealed on its website the unit of SCB X Group can offer spot Bitcoin ETF trading to institutional and HNW investors after its recent discussion with…

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