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Thai SEC Proposes to Allow Mutual and Private Funds to Invest in Crypto Products

  • Thai SEC proposed to allow mutual and private funds to invest in crypto products like crypto ETFs traded on US stock exchanges.
  • The proposal aims to meet investor demand and expand their ability to invest in new crypto products.
  • The Thai SEC plans to review regulations on asset custody, value calculation, disclosure, and advertising.
  • Penalties for violations are expected to become more severe, with different rules based on asset riskiness.

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