Digital asset trade imminent
SET to inaugurate platform during H2
The Stock Exchange of Thailand (SET) will launch a digital asset trading platform in the second half of this year to allow trading on all types of digital token assets excluding cryptocurrencies.
The SET says cryptocurrencies do not meet its product qualifications and could facilitate money laundering, while causing harm to the bourse’s image as a “high trust” exchange.
SET executive vice-president Kitti Sutthiatthasil said the digital asset platform will be similar to other popular e-commerce marketplaces such as Amazon, Lazada or Shopee, but all products on SET’s…
