Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
The Securities and Exchange Commission (SEC) of Thailand has broadened its list of approved cryptocurrencies to include USDT (Tether) and USDC (Circle) stablecoins. This move will enable regulated cryptocurrency exchanges in Thailand to facilitate the trading of these stablecoins.
The Thai SEC announced the addition of USDT and USDC to its roster of digital assets authorized for trading on local exchanges. This decision followed public consultations conducted in February 2025, during which a majority of participants expressed support for the initiative.
Previously, the only cryptocurrencies allowed for trading in Thailand were BTC, ETH, XRP, XLM, and several tokens utilized within the Bank of Thailand’s payment system. The new regulation is set to take effect on March 16, 2025.
Related Posts
In 2024, the total transaction volume involving stablecoins reached $27.6 trillion, while the market capitalization of USDT and USDC was $142 billion and $58 billion, respectively.
According to Paolo Ardoino, CEO of Tether, the SEC’s decision will provide safe, transparent, and reliable access to stablecoins in Thailand, facilitating their adoption as a payment method within the country.
The Thai government has recently established a regulatory sandbox to evaluate local crypto businesses and is actively developing a retail central bank digital currency (CBDC) project.
Сообщение Thailand’s SEC Legalizes Buying and selling of USDT and USDC появились сначала на CoinsPaid Media.
