ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home News

The Stock Exchange of Thailand (SET) Plans To Launch A Token Trading Platform

Arshmeet Hora by Arshmeet Hora
January 21, 2019
in News
0
The Stock Exchange of Thailand (SET) | Cryptocurrency | Cryptocurrency exchange platform | Token Trading Platform
0
SHARES
30
VIEWS
Share on FacebookShare on Twitter

The Stock Exchange of Thailand (SET) is planning to enter the cryptocurrency market with a new digital assets exchange, in order to tap in the increasing interest of investors in cryptos.

As reported by Bangkok Post on 17th January, SET will be applying for the license to operate the exchange platform from the country’s Ministry of Finance. Pattera Dilokrungthirapop, the vice-chairwoman of the SET board of governors, states in the report that the move is aimed at capturing the growing investor demand for the digital assets.

The stock exchange is working on evolving a sound technical system for the platform, as well as a digital wallet for token storage, to be launched this year. Pattera, who is also chairwoman of the Association of Securities Companies, further adds that securities company members of the SET are planning to apply for positions of brokers and dealers to trade on the new platform.

The SET launched a crowdfunding marketplace built on blockchain technology in May, last year. Dubbed as LiVE, the service employs blockchain to allow peer-to-peer trading so that startups can access new capital from investors including those drawn from the venture capital and institutional investor worlds.

Just last week, the finance ministry granted digital asset business licenses to four firms: Bitcoin Exchange, Bitkub Online, Satang Corporation (Satang Pro), and Coins TH Co. Applications of two other firms, Cash2coin and Southeast Asia Digital Exchange (SEADEX) were rejected,  while the application of Coin Asset is still under consideration.

Once the licenses are obtained from the ministry, the crypto businesses are regulated by the country’s Securities and Exchange Commission under the “Emergency Decree on Digital Asset Businesses B.E. 2561 (2018).”

Read more: Saudi Arabia and UAE Plans To Employ Blockchain For An Official Interbank Cryptocurrency

 

Tags: cryptocurrency exchangeCryptocurrency NewsCryptocurrency RegulationLatest Cryptocurrency NewsLatest Cryptocurrency UpdatesStock Exchange of ThailandThailandTHAILAND SEC
Previous Post

Saudi Arabia and UAE Plans To Employ Blockchain For An Official Interbank Cryptocurrency

Next Post

The Mastermind Behind 'Big Bitcoin Heist’ Jailed for Massive Crypto Mining Rig Theft

Next Post
Big Bitcoin Heist | Crypto Mining | Theft | Mining equipment

The Mastermind Behind 'Big Bitcoin Heist’ Jailed for Massive Crypto Mining Rig Theft

Recent Stories

Ripple (XRP) Is Now the Fifth-Largest Cryptocurrency As Polkadot, Chainlink, AAVE Explode to Fresh Highs

Ripple (XRP) Is Now the Fifth-Largest Cryptocurrency As Polkadot, Chainlink, AAVE Explode to Fresh Highs

January 16, 2021
Cardano Price Analysis: Bulls Drive ADA/USD Price Past $0.37, Cardano Wants To Help Twitter Decentralize Social Media

Cardano Price Analysis: Bulls Drive ADA/USD Price Past $0.37, Cardano Wants To Help Twitter Decentralize Social Media

January 16, 2021
Is an Altseason Coming? Chainlink (LINK) Hits New Record Highs of $21.40, Polkadot & Cosmos (ATOM) Surge

Is an Altseason Coming? Chainlink (LINK) Hits New Record Highs of $21.40, Polkadot & Cosmos (ATOM) Surge

January 15, 2021
Quickly

Financial Advisor Introduces Petition for the UK Government to Ban Crypto Transactions

January 15, 2021
LTC Price Analysis: Steep Correction on LTC/USD From $186 High, Flare Networks Announces Litecoin Airdrop

LTC Price Analysis: Steep Correction on LTC/USD From $186 High, Flare Networks Announces Litecoin Airdrop

January 15, 2021
Bitcoin

Bitcoin Falls Below $35k Despite the Unveiling of Biden’s $1.9 Trillion Stimulus

January 15, 2021
cryptocurrencies

The Impact Of Cryptocurrencies On The Global Marketplace

January 15, 2021
What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

January 14, 2021
Trading

PayPal Crypto Trading Volume Climbed $242 In One Day

January 14, 2021
Bitcoin

Government of Pakistani Province Announces Launch of Bitcoin Mining Farms

January 14, 2021

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

  • bitcoinBitcoin (BTC) $ 36,267.00 1.64%
  • ethereumEthereum (ETH) $ 1,237.03 5.34%
  • tetherTether (USDT) $ 1.00 0.04%
  • bitcoin-cashBitcoin Cash (BCH) $ 492.98 0.4%
  • binancecoinBinance Coin (BNB) $ 43.33 5.31%
Our websites require cookies enabled to provide you with an uninterrupted experience. Please continue without changing your setting to receive important notifications.I Agree