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What will be the primary driver of crypto tourism in Thailand by December 31, 2025?
2
Resolution / Starting Odds
Bitcoin ETFs • 25%
Stablecoin payments • 25%
Regulated online gambling • 25%
Other factors • 25%
Tourism reports or industry analysis from credible sources
Story
Thailand's SEC Considers Spot Bitcoin ETFs Amid Competition with Singapore and Hong Kong
Jan 15, 2025, 09:49 AM
Thailand's Securities and Exchange Commission (SEC) is considering the approval of spot Bitcoin exchange-traded funds (ETFs) to be listed on local exchanges, marking a significant step towards establishing the country as a digital-assets hub. This move is part of Thailand's strategy to compete with Singapore and Hong Kong in becoming Asia's leading crypto hub. The initiative aims to provide direct Bitcoin exposure to both retail and institutional investors, potentially enhancing the country's appeal in the global cryptocurrency market. Additionally, the SEC is exploring the integration of stablecoins and crypto payments in Phuket, alongside efforts to regulate online gambling to unlock $4 billion in untapped tax revenue, further boosting crypto tourism.
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Behind both Singapore and Hong Kong • 33%
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Ahead of Hong Kong but behind Singapore • 33%
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