Thai Stock Exchange Building Digital Assets Platform for 2020 Launch
The Stock Exchange of Thailand has confirmed it's building a digital assets platform that it expects to launch next year.
BSDEX is trading one pair -- the bitcoin/euro -- and will gradually open up to more retail and institutional investors.
New tech usually struggles with vocabulary, says Noelle Acheson. With bitcoin, the confusion rubs off integral concepts in securities legislation.
The majority of asset managers that bank with State Street are interested in digital assets, but none have asked the global custodian to store them yet.
The group ran its first transaction between three rural banks in an effort to improve its remittance offerings.
Monarch aims to streamline the crypto industry by offering a suite of services while supporting 1,900 different currencies.