Markets
What to know:
- Thailand’s market regulator says the country is working on expanding its ETFs plans beyond bitcoin. 🧠💸
- The country’s SEC will allow local mutual funds and institutions to issue such funds under rules. 🕵️♂️📜
- Thailand is attempting to appeal to young investors who want some cryptocurrency in their portfolios as a diversification tool. 🎯📉
Oh, how thrilling! Thailand’s market regulator has unveiled a plan so audacious, it could make a squirrel forget its nuts. 🐿️✨ “Expanding ETFs beyond Bitcoin”? Let’s not forget, the SEC is now the true wizard of Oz, conjuring up “crypto baskets” as if they were magical potions. 🧙♂️🧪
The SEC secretary-general, Pornanong Budsaratragoon, declared with the gravitas of a Shakespearean actor, “We want broader supply of crypto assets in ETFs!” One can only imagine the chaos if they tried to include a “basket” of memes, doge, and the occasional asteroid. 🌌🚀
Thailand, ever the showman, is also dabbling in “G-Tokens”-government bonds so tokenized, they’re practically a TikTok dance. 🕺📉 Who needs real money when you can have digital confetti? 🎉💸
So, dear investors, prepare your portfolios for a wild ride. After all, if the SEC can turn Bitcoin into a side dish, what’s next? A crypto ETF featuring a single banana? 🍌🤔
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2025-10-02 14:26