Market
What will be Thailand's position in Asia's digital asset market by December 31, 2025?
2
Resolution / Starting Odds
Ahead of both Singapore and Hong Kong • 33%
Ahead of Singapore but behind Hong Kong • 33%
Ahead of Hong Kong but behind Singapore • 33%
Behind both Singapore and Hong Kong • 33%
Reports from financial analysts or official economic reports
Story
Thailand's SEC Reviews Approval of Spot Bitcoin ETFs on Local Exchanges
Jan 15, 2025, 08:05 AM
Thailand is considering approving spot Bitcoin exchange-traded funds (ETFs) to list on local exchanges for the first time, as part of its efforts to establish itself as a digital-assets hub in Asia. The move is seen as a response to growing competition from Singapore and Hong Kong, which are also advancing in the cryptocurrency sector. The Thai Securities and Exchange Commission (SEC) is reviewing the potential listing of these ETFs, aiming to provide direct Bitcoin exposure to both retail and institutional investors. This initiative comes as Thailand sees an increase in active crypto trading accounts, with over 270,000 reported as of November 30, 2024.
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Other factors • 25%
Regulated online gambling • 25%
Stablecoin payments • 25%
Bitcoin ETFs • 25%
New crypto regulations introduced • 25%
Crypto payments remain banned • 25%
No significant change • 25%
Crypto payments legalized • 25%
Observer • 25%
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Active partner • 25%
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Singapore • 25%
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Hong Kong • 25%
Thailand • 25%
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