Stock Exchange of Thailand applies for crypto exchange license

The Stock Exchange of Thailand (SET) has plans to apply for a digital license which will enable it to operate a cryptocurrency exchange. The SET is keen to get on the growing trend of digital asset trading which is extremely popular in the region.



According to Pattera Dilokrungthirapop, the chairwoman of the Association of Securities Companies and vice-chairwoman of the SET’s board of governors, the bourse plans to apply to become brokers and dealers for digital asset trading. If the application is successful, Thailand’s stock exchange will become one of the first in the world to setup a separate crypto exchange.