Stock Exchange of Thailand to Launch Digital Assets Platform by 2020
Shutterstock
Main page News, Crypto Market, Exchange, Thailand, Cryptocurrency Exchanges, Tech, Fintech

The Stock Exchange of Thailand (SET) has announced it will collaborate with all stakeholders to digitize the capital market infrastructure to transform customer experiences and build the digital asset platform expected to be rolled out in 2020.

President of SET, Pakorn Peetathawatchai, says the exchange’s three-year strategic plan will focus on the development of digital assets platform, building one-stop digital capital market, opening up new investment opportunities and leveling up investment experiences for more convenience and higher speed.

"SET strongly believes that the collaboration with all stakeholders in enhancing the existing infrastructures that are a backbone of the current ecosystem and in building the new digital asset ecosystem will be a turning point that will take the Thai capital market to the next level," he added.

Earlier, Thailand's regulator, the Securities and Exchange Commission, authorized the country's first ICO portal. Apparently, the ICO portal will be operated by a foreign company. However, the name of the operator has not been shared.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

Read also:
Please describe the error
Close