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Thailand’s Securities Firms Plan to Launch a Cryptocurrency Exchange.


The association of securities firms in Thailand is reportedly planning to jointly launch a new cryptocurrency exchange amid the growing retail and institutional interest in crypto trading.

The Association of Securities Companies (ASCO) – the collective body representing Thailand’s securities firms – is exploring the possibility of establishing a joint cryptocurrency exchange, the Bangkok Post confirmed in a report.

A handful of securities firms are in the process of jointly submitting an application for a crypto exchange license from regulators to cut operating costs and collaborate on information sharing, ASCO chairwoman Pattera Dilokrungthirapop revealed.

https://www.ccn.com/thailands-securities-firms-plan-to-launch-a-cryptocurrency-exchange/
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