The Thai Stock Exchange (SET) wants to take advantage of investors’ interest in cryptos through a new exchange of digital assets.
According to a Bangkok Post report on Thursday, SET plans to apply for a license from the country’s Ministry of Finance to operate the platform. Link below
The move comes at a time when the exchange appears to capture investors’ growing demand for cryptos, said Pattera Dilokrungthirapop, deputy chair of the SET governors council.
The Exchange will work to have a solid technical offering system and a digital token holding wallet that will be launched this year.
Pattera, who is also chair of the Association of Investment Firms, added that members of the SET of Investment Firms already intend to promote themselves as brokers and traders for trading on the new stock exchange.