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Thailand Regulator Adds USDC, USDT Stablecoins to Approved Cryptocurrencies

Thailand’s Securities and Exchange Commission has added Tether’s USDT and Circle’s USDC stablecoins to its list of approved cryptocurrencies for trading on digital asset exchanges, previously limited to Bitcoin, Ethereum, XRP, and others. This move follows a public consultation that showed support for the proposal, effective from March 16. By embracing these stablecoins, Thailand aims to align with global trends recognizing their importance in crypto trading and payments, especially in developing regions like Southeast Asia.

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