Thai Authority Approves Tether's USDT as a Legitimate Digital Currency in Significant Development for Crypto Industry - Coinfeeds

Thai Authority Approves Tether's USDT as a Legitimate Digital Currency in Significant Development for Crypto Industry

March 10, 2025

Thailand’s Regulator Recognizes Tether’s USD₮ as an Approved Cryptocurrency

Date: March 10, 2025

Tether, the largest company in the digital assets industry, has announced that Thailand’s Securities and Exchange Commission (SEC) has granted acceptance of USD₮ as an approved cryptocurrency. This approval enables USD₮ to be traded within the country, facilitating its listing on regulated exchanges and paving the way for USD₮ to be accepted for payments. The decision marks a significant step in advancing digital asset innovation in Thailand.

Key Highlights

The updated regulations will take effect on March 16, 2025, enhancing flexibility in digital asset businesses.
This recognition is pivotal for the evolution of digital assets in Thailand and aims to clarify and enhance the regulatory framework.

Source: tether.io

Link: Original Article Link

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Posted on March 10, 2025

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Thai Authority Approves Tether's USDT as a Legitimate Digital Currency in Significant Development for Crypto Industry

Thailand’s Regulator Recognizes Tether’s USD₮ as an Approved Cryptocurrency

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