Cointime

Download App
iOS & Android

Thailand SEC plans to launch tokenized securities trading system

According to a report from the Bangkok Post on February 3, Jomkwan Kongsakul, Deputy Secretary-General of the Thai Securities and Exchange Commission, stated that token investment is increasingly being taken seriously, and regulatory agencies will allow securities companies to trade digital tokens to leverage their large investor base. Jomkwan Kongsakul said, "The SEC is using technology to improve the efficiency of the capital market by promoting the electronic securities ecosystem," adding, "New regulations will be introduced to promote the issuance of electronic securities and online purchase of bonds," which are medium- to long-term debt instruments that large companies use to borrow money.

Comments

All Comments

Recommended for you