The Thai Stock Exchange is working on a new, fully regulated exchange where investors can trade digital assets such as bitcoin, legacy coins and security tokens. If the supervisory authority gives its consent, the stock exchange could already start next year.
The Stock Exchange of Thailand wants to offer bitcoin investors a “holistic ecosystem”. According to stock market chief Pakorn Peetathawatchai, this includes the implementation of all relevant services. A trading platform, custody services, a so-called e-wallet and token standards for security tokens should be among the main components of the ecosystem.
Already in the third quarter of 2019, all technical hurdles should be overcome and the core infrastructure ready for operation. The launch is then scheduled for 2020. The new trading center for digital assets is to be closely linked to Thailand’s existing stock exchange.
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