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Thai SEC Proposes New Rules for Crypto Investment in Mutual and Private Funds

The Securities and Exchange Commission (SEC) in Thailand has proposed revisions to the criteria for funds investing in digital assets, seeking public feedback on the draft proposal. The proposal aims to allow securities companies and asset management firms to offer services to large investors interested in crypto-related products, such as exchange-traded funds (ETFs). The SEC wants to align with international developments in digital assets and provide more opportunities for investors to diversify their portfolios. The proposed rules differentiate between high-risk assets like Bitcoin and stablecoins like Tether, and outline limits on digital asset exposure for different types of funds. Public comments on the proposal will be accepted until November 8, with final regulations expected next year.

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