Thailand SEC Adopts Blockchain for Next-Gen Debt Trading System
Thailand’s SEC plans to launch a blockchain-based debt trading system to modernize the capital market and encourage digital asset trading.
The regulator has approved four digital asset projects and is reviewing two more. Deputy Secretary-General Jomkwan Kongsakul revealed that multiple entities are exploring fundraising through green and soft power tokens.
The SEC aims to digitize bond trading, including settlement and investor registration, while allowing firms to develop interoperable DLT systems. Additionally, the SEC is creating an “Open API” platform to give investors access to company data for better decision-making.
Clever Robot News Desk 4th February 2025