Thai SEC proposes new rules to allow institutions to invest in crypto

The Thai Securities and Exchange Commission (SEC) has proposed new regulations to allow mutual and private funds to invest in digital assets, aiming to align with international developments, according to Decrypt. The proposal includes guidelines that limit the holding period for cryptocurrencies like Bitcoin or Ethereum to five business days for trading purposes. The financial regulator noted that although Thai investors can access foreign crypto ETFs, the existing mutual fund framework hasn’t kept up with global trends in crypto investment. The public has until Nov. 8 to provide feedback on the proposal, and final regulations are anticipated next year.