Thailand's Crypto Landscape: Bitcoin and Major Stablecoins Gain Official Approval
by aria-crypto.com
March 10, 2025 at 16:29
Thailand's Crypto Landscape: Bitcoin and Major Stablecoins Gain Official Approval
Thailand's Securities and Exchange Commission (SEC) has officially expanded its approved list of cryptocurrencies to include major stablecoins Tether (USDT) and USD Coin (USDC). This regulatory nod in addition to Bitcoin, Ethereum, and others, marks Thailand's growing embrace of digital assets. Set to effect from March 16, this inclusion enhances the nation's crypto infrastructure by ensuring stablecoins play a significant role in its digital economy. Stablecoins like USDT and USDC, with market values of $142 billion and $58 billion respectively, contribute to the stability and reliability of financial transactions. Through this approval, Tether expects USDT to be widely accepted in Thailand for various financial operations, significantly advancing digital asset innovation within the region. Tether's CEO emphasizes the organization's dedication to providing a secure and reliable stablecoin experience in Thailand, thereby supporting the long-term success of digital currencies in the country. With this development, Thailand positions itself as a leading hub for cryptocurrency activity in Asia, bolstering its financial market stability and broadening investor participation in the crypto space.
Read more
>> US Market Gears Up as Coinbase Launches 24/7 Bitcoin and Ethereum Futures
Coinbase is set to introduce Bitcoin and Ethereum futures trading, available 24/7 on its CFTC-regulated platform, Coinbase Derivatives Exchange. This initiative positions Coinbase as the first US-regulated exch...
>> SEC Reconsiders Crypto Regulation Under New Leadership, Shifting Policy Direction
Acting SEC Chair Mark Uyeda indicated potential shifts in cryptocurrency regulation, moving away from earlier stringent proposals under former Chair Gary Gensler. In a recent statement at the 2025 Annual Washin...
>> MicroStrategy's Bitcoin Ambition: A $21 Billion Investment Strategy Unveiled
Strategy, previously known as MicroStrategy, is making significant waves in the cryptocurrency world by announcing a gigantic $21 billion stock sale focused on Bitcoin acquisitions. This move is launched under ...
>> Thai Regulator Embraces Stablecoins: USDC and USDT Approved for Enhanced Financial Strategy
Thailand's Securities and Exchange Commission (SEC) has officially approved the use of Tether's USDT and Circle's USDC stablecoins for cryptocurrency trading within the country. This move allows these stablecoi...
>> Ethereum Welcomes Facebook-Originated MoveVM in Upcoming Mainnet Beta Launch
MoveVM, originally developed by Facebook, is poised to make a significant impact on Ethereum with the imminent public beta launch of its mainnet by Movement Labs. This development facilitates the deployment of ...
>> Binance Enacts Stringent Measures Against Maker Misconduct Involving GPS and SHELL Tokens
Global crypto exchange Binance has enforced a permanent ban on a market maker due to nefarious activities with GoPlus Security (GPS) and MyShell (SHELL) tokens. The accused market maker was found manipulating m...
>> Bitcoin Futures Expansion: Singapore Exchange Set to Launch in 2025
The Singapore Exchange Ltd. (SGX) announced plans to launch bitcoin perpetual futures in the latter half of 2025, introducing a significant development in the integration of cryptocurrency into traditional fina...
>> Lawmakers in Utah Approve Bitcoin Bill, Drop Reserve Plan
Utah lawmakers have passed the "Blockchain and Digital Innovation Amendments" bill, which no longer includes an initial plan to establish a state Bitcoin reserve. This bill, HB230, was approved by the Senate an...
>> Stablecoin Surge: Bank of America, Stripe, and Revolut Vie for a Slice of the Digital Currency Market
Major financial institutions and fintech companies are now entering the stablecoin market, aiming to transform cross-border payments. Banks like Bank of America, along with fintech giants such as Stripe and Rev...
All the latest crypto news in one place
Stay informed and up-to-date on the market's latest news with our Terminal's News Aggregator with curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Launch Terminal