Thailand approves crypto as underlying assets in derivatives markets
Market Intelligence Analysis
AI-PoweredThailand has approved cryptocurrencies as underlying assets in derivatives markets, marking a significant milestone for digital assets in the country, with Binance Thailand's CEO calling it a 'watershed moment'. This move is expected to increase adoption and legitimacy of cryptocurrencies in Thailand. The approval is seen as a positive development for the crypto market.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Binance Thailand's chief executive said it is a "watershed moment" for digital assets in the country, which he says are no longer merely speculative instruments.
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