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Thai authorities are exploring the possibility of launching a spot Bitcoin ETF ✔️

Thai authorities are exploring the possibility of launching a spot Bitcoin ETF ✔️

Jan-17-2025

SEC Secretary General Pornanong Budsaratragoon said the move could strengthen Thailand’s domestic crypto economy.
Some neighboring Southeast Asian countries have already approved crypto ETFs, following the lead of the U.S., which launched spot exchange-traded funds linked to Bitcoin and Ethereum in 2024.

In June last year, Thailand's SEC already gave One Asset Management (ONEAM) permission to launch a Bitcoin derivatives trading fund. However, this investment product was only available to large corporate entities.

"Whether we like it or not, we must move alongside other countries to promote wider adoption of cryptocurrencies around the world. We must adapt to the current environment and ensure that domestic investors have more opportunities to invest in crypto assets, while protecting their interests," the SEC secretary general said.

Despite efforts by the government to develop the local cryptocurrency market, Thailand's Technology Crime Suppression Department (TCSD) has proposed banning Polymarket, a prediction platform that allows bets on political, sporting, and economic events using cryptocurrencies.
The TCSD has deemed Polymarket an illegal gambling platform.
Singaporeans found betting on Polymarket could face a fine of S$10,000 (about $7,300) and six months in prison.

Last year, the Thai regulator announced the launch of a regulatory sandbox for testing digital services and crypto assets. The sandbox is open to brokers, dealers, fund managers and custodial wallet providers.

We are pleased to announce that the CELESTION website is now available in Armenian !

We are pleased to announce that the CELESTION website is now available in Armenian !

Jan-17-2025

Users from Armenia can now easily explore our financial and investment services and innovations in their native language.

We are committed to making our solutions accessible to all and continue to expand internationally!

Discover the future of digital asset trading with CELESTION ☑️

We are pleased to announce that the CELESTION website is now available in Lao!

We are pleased to announce that the CELESTION website is now available in Lao!

Jan-16-2025

Users from Laos can now easily explore our financial and investment services and innovations in their native language.

We are committed to making our solutions accessible to all and continue to expand internationally!

Discover the future of digital asset trading with CELESTION ☑️

The percentages on deposits as of January 1️⃣6️⃣

The percentages on deposits as of January 1️⃣6️⃣

Jan-16-2025

We are pleased to announce that the CELESTION website is now available in Khmer!

We are pleased to announce that the CELESTION website is now available in Khmer!

Jan-16-2025

Users from Cambodia can now easily explore our financial and investment services and innovations in their native language.

We are committed to making our solutions accessible to all and continue to expand internationally!

Discover the future of digital asset trading with CELESTION ☑️

The percentages on deposits as of January 1️⃣5️⃣

The percentages on deposits as of January 1️⃣5️⃣

Jan-15-2025