Thailand Stock Exchange (SET) To Allow Crypto Trading

The Thailand Stock Exchange (SET) plans to launch a new digital asset exchange directly related to the cryptocurrency market.

Pakorn Peetathawatchai, Chairman of the Thailand Stock Exchange (SET) 20 February In an interview with Bloomberg on SET’s investment in 2022 tokens and public service tokens He said he plans to launch a digital asset exchange by adding risk options such as

SET expects the digital asset exchange to take place very soon. Even if the newly created exchange is not related to the cryptocurrency market, it will have a relationship with cryptocurrencies.

The digital asset exchange is integrated with a cryptocurrency exchange, allowing investors to trade on the SET. converting cryptocurrencies to fiat currencies will enable.

Stating that they have always taken their power from investment tools, Peetathawatchai said that they have a platform to convert cryptocurrencies into fiat money and invest in traditional assets along with digital assets. that they will agree with the cryptocurrency exchange told.

SET, which has previously made a statement about this plan, said that it avoids cryptocurrencies. The reason is as a safe exchange. may damage your image. and may facilitate money laundering. described as their thoughts.

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