STOCK EXCHANGE OF THAILAND IS LAUNCHING A PLATFORM FOR TRADING DIGITAL ASSETS

The stock exchange of Thailand (SET) is in the process of obtaining a license to launch a platform for trading digital assets, including cryptocurrencies. It is assumed that the users of the new platform will be institutional investors.

According to a member of the Board of Directors, investment firms are looking forward to the opening of the service.

According to the portal Bangkok Post, the new platform will be technically separated from the actual stock exchange of Thailand, but “will have access to the capital and the audience of the traditional market.” The representative of SET added that not only cryptocurrencies, but also other digital assets will be traded on the platform.

In late November, cryptocurrency exchange of Gibraltar got the state license. The operator of the site is the same company that operates the local stock exchange.

The Stuttgart stock exchange intends to launch a cryptocurrency trading platform in the first half of 2019.