Thailand is finally getting its own crypto exchange. According to an official announcement on the agency’s platform, the Stock Exchange of Thailand (SET has officially confirmed that it is in the process of developing its very own digital asset platform.
The agency initially revealed its plans to apply with the Ministry of Finance for a license to launch an official cryptocurrency exchange back in January. If this new announcement is anything to go by, it would seem that the approval was given.
At the time, Pattera Dilokrungthirapop, Vice Chairwoman of the agency’s board of governors, pointed out that the move was an attempt to take advantage of the increasing demand for crypto assets by Thailand-based investors.