The post Thailand’s SEC May Introduce Digital Token Trading Platform for Securities Firms Amid Growing Interest in Crypto Investments appeared on BitcoinEthereumNews.com.

The Securities and Exchange Commission of Thailand (SEC) is set to launch an innovative trading platform that will enable securities firms to trade digital tokens, signifying a pivotal shift in the nation’s financial landscape. This initiative is expected to enhance capital market efficiency by integrating digital technology into traditional trading methods, thus catering to an expanding investment demographic. As SEC deputy secretary-general Jomkwan Kongsakul noted, “The SEC is leveraging technology to enhance efficiency in the capital market by promoting an electronic securities ecosystem,” showcasing a forward-looking approach to regulatory frameworks. The SEC of Thailand is launching a DLT-based trading platform for digital tokens, aiming to integrate technology into the capital market landscape effectively. Thailand’s Embrace of Digital Asset Trading: SEC’s New Platform Initiative The launch of a distributed ledger technology (DLT)-based trading platform for digital tokens marks a significant development in Thailand’s financial regulatory landscape. With the initiative, securities companies are encouraged to utilize their robust investor bases to explore tokenized assets, cutting-edge technologies that bring forth a new level of transparency and efficiency to financial transactions. Integrating Technology for Enhanced Market Efficiency The Thai SEC’s regulatory changes aim to facilitate a seamless transition towards a more digital and efficient trading environment. According to Jomkwan Kongsakul, this move is timely as token investments are gaining traction, reflecting a shift in investor preferences. “New regulations will be launched to facilitate the issuance of electronic securities and online purchases of debentures,” she added. This digital-centric framework is designed to support full electronic trading of bonds, covering various dimensions from investor registration to payment processes, thereby ensuring a robust and reliable trading ecosystem. Tokenization and the Future of Securities in Thailand The Thai SEC has already approved four digital token projects under its new DLT system, focusing on enhancing trading efficiency and market…

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Filed under: News - @ February 3, 2025 5:23 am