Thailand's Securities and Exchange Commission (SEC) is actively reviewing spot Bitcoin ETF listings to potentially approve them, marking a significant step forward in embracing cryptocurrency investment vehicles. Additionally, the SEC is considering proposals related to stablecoins, showing a comprehensive approach to cryptocurrency regulation.
However, alongside these reviews, the SEC is also cracking down on Polymarket for alleged illegal gambling activities. This highlights the regulatory body's dual focus on fostering innovation in the crypto space while maintaining legal and financial integrity.
Source: cointelegraph.com ↗