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.