Thailand's Securities and Exchange Commission (SEC) will
officially add USD Coin (USDC) and Tether (USDT) to its list of
approved cryptocurrencies for use in digital asset transactions on
March 16, 2025. The addition is a significant move that expands
Thailand's digital asset market, aiming to enhance market
flexibility and provide more payment options for investors and
traders in Thailand's digital asset ecosystem.
Under the SEC regulations, digital asset operators, including
digital token issuers, ICO portals, and digital asset exchanges,
are only permitted to accept, conduct transactions with, and use
"approved cryptocurrencies" as trading pairs.
After the addition of USDC and USDT, the full list of approved
cryptocurrencies will include:
