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The Thai Stock Exchange, or SET, is planning to launch a digital asset trading platform in the second half of 2021, but will not include cryptocurrencies.
The headline in The Bangkok Post may look optimistic at first glance for the regional industry, but the article notes that the exchange doesn’t want to integrate cryptocurrencies.
The SET says cryptocurrencies do not meet its product qualifications and could facilitate money laundering, while causing harm to the bourse’s image as a “high trust” exchange.