Thailand’s Securities Firms Plan to Launch a Cryptocurrency Exchange

The Association of Securities Companies (ASCO) – the collective body representing Thailand’s securities firms – is exploring the possibility of establishing a joint cryptocurrency exchange, the Bangkok Post confirmed in a report.

A handful of securities firms are in the process of jointly submitting an application for a crypto exchange license from regulators to cut operating costs and collaborate on information sharing, ASCO chairwoman Pattera Dilokrungthirapop revealed.