Some news from the crypto world from Selwix platform (first thoughts here). This kind of news is published along with updates on changes or features of the investment program, and it is useful to pay attention to them from time to time.
As we understand – the more news/updates – the more activity provided by the program’s admins – the more potential for the long term work – which rather good for all the members (especially early ones).
Here is the news:
Thailand’s financial regulator has approved USDT for trading and payments
Tether Stablecoin Becomes an Official Payment Method in Thailand
Thailand’s financial regulator has approved USDT for trading and payments.
The Securities and Exchange Commission of Thailand (SEC) has recognized Tether’s USDT as a legitimate cryptocurrency. Now, crypto trading platforms are allowed to list the stablecoin on their platforms and use it for transactions.
The new regulations will take effect on March 16, 2025. According to authorities, these measures aim to enhance business flexibility in the digital asset sector.
The initiative’s approval followed discussions with the public and businesses. Currently, USDT accounts for approximately 40% of cryptocurrency trading volume in the country. Overall, Thailand is one of the most crypto-friendly jurisdictions and ranks among the top 20 countries globally in terms of digital asset adoption.
It is expected that the formal recognition of USDT as a legal payment method will create favorable conditions for increasing both domestic financial activity and attracting external investment assets.
Overall, such steps by national governments contribute to strengthening the global financial infrastructure and expanding earning opportunities for crypto investors.
Selwix – your guide to the world of cryptocurrencies!
*********************************
If one of the paying programs on our Monitor appeals to you, please support EmilyNews by registering for it on our website. Thanks very very much!
EN web Support Chat | Hyips and Crypto questions – HyipChatEN
Telegram Chat for Crypto and Hyip reports: @HyipChatEN
*********************************
Be the first to get most important HYIP news everyday!
Simply Follow EN Facebook, EN Telegram, EN Twitter
or Subscribe to EN Feedburner and submit your email address!
If you like this article and want to support EN – please share it by using at least few of social media buttons below. Thanks and See you tomorrow!
