Thailand’s high-net-worth investors will get more access to crypto funds than retail investors under the proposed changes.
Thailand’s Securities and Exchange Commission is proposing to allow mutual and private funds to invest in crypto products, addressing growing interest from institutional investors.
An Oct. 9 proposal from the finance regulator stated that funds would be allowed to invest more in crypto exchange-traded funds (ETFs) traded and listed on United States stock exchanges.
The proposal would allow securities companies and asset management firms to offer crypto-related products to large investors.
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