Only Bitcoin and Thailand, which approved three subcoine, added two more crypto money to the list!

The financial regulator of Thailand has expanded the list of approved crypto currencies, the securities and stock exchange commission (SEC).

According to Coindesk, Thailand SEC has recently added two largest stablecoin tether’s USDT and Circle’s USDC to the approved crypto currency list.

New regulations will enter into force on 16 March.

Thailand sec USDT and other than USDC Bitcoin (BTC), Ethereum (ETH), XRP, Stellar (XLM) And he approved some of the tokens used in the payment system of the Central Bank of Thailand.

USDT has a market value of $ 142 billion, while it is followed by USDC with a market value of $ 58 billion.

TetherHe said that the approval from Thailand paved the way for USDT to be accepted in Thailand’s financial sector.

“The Thai securities and the stock market commission announced the USD as an approved crypto currency.

This confirmation facilitates the listing of USD in the country by enabling the USD to be traded in the country and paves the way for the acceptance of USD in payments; This improves the region’s leadership in digital being innovation. ”

Tether CEO Paolo Ardoino said these: “We value the Thai market greatly and constantly investigate ways to improve our services and offers. Our priority is to offer users in Thailand a safe, transparent and reliable stablecoin experience. We are determined to support the long -term success and adoption of stablecoins in Thailand and look forward to contributing to the growth of the country’s digital asset ecosystem by creating a strong and sustainable stablecoin infrastructure. ”

*It is not an investment advice.