Bloomberg’s most recent report said that Pornanong Budsaratragoon, the secretary general of the Securities and Exchange Commission of Thailand, argues that the agency, along with other regulators, is in the process of drafting rules to accommodate new crypto ETFs.
Thai SEC is actively working to broaden its domestic crypto exchange-traded fund plans beyond Bitcoin with the intent to include other digital tokens. The rollout is expected to take place in the early phase of the coming year.
During an interview on Wednesday, Budsaratragoon said that, “ Our possibility now is to broaden the criteria for the crypto, such as a basket of cryptocurrencies,” and “We want to have a broader supply of those crypto assets in the ETFs.”
It is said that the nation has been boosting its push to become a regional crypto hub, rolling out policies to enable tokenized products as part of mainstream investment choices.
Thailand is eyeing to build a solid crypto base for the younger generation
The secretary general said, “ Some investors, especially young people, prefer to have exposure to cryptocurrencies in their portfolio as a way to diversify,” adding, “ One of our main tasks is to facilitate that demand.”
Thailand is taking bold steps to establish a strong cryptocurrency foundation for its younger generation. The government has introduced a five-year capital gains tax exemption, running until 2029, for crypto transactions conducted through licensed platforms.
Thailand’s regulatory sandbox further empowers startups and developers, allowing the younger generation to experiment with Web3 and fintech innovations in a safe, supervised environment. By combining tax incentives, secure infrastructure, and education programs, Thailand is positioning itself as a crypto-friendly hub in Asia.
The nation has a young and digitally active population, with nearly 30% of its people under the age of 25. This generation, often referred to as “digital natives,” is highly engaged with mobile banking, e-commerce, and fintech solutions.