泰國透過比特幣 ETF、穩定幣和旅遊一體化擁抱加密貨幣

泰國監管機構正在探索擁抱加密貨幣的突破性措施，包括允許比特幣交易所交易基金（ETF）

Thailand is making groundbreaking moves to integrate cryptocurrency into its economy. Here are the key highlights:

泰國正在採取突破性舉措，將加密貨幣融入其經濟。以下是主要亮點：

Bitcoin ETFs to Be Permitted on Local Exchanges: A major policy shift is being considered by the Thai Securities and Exchange Commission (SEC) to allow institutional and retail investors to directly access Bitcoin exchange-traded funds (ETFs) within the local market. This move would significantly expand Thailand's limited exposure to Bitcoin, which is currently only accessible through a fund-of-funds launched by One Asset Management in mid-2024. The existing fund invests in overseas Bitcoin ETFs, but direct investments in Bitcoin are still prohibited under current regulations. However, the SEC is now evaluating these restrictions to provide broader crypto investment options, according to Pornanong Budsaratragoon, the Secretary-General of the SEC. Such reforms are crucial for Thailand to remain competitive in the region, especially as neighboring countries like Singapore and Hong Kong are rapidly developing robust frameworks for digital assets. Singapore has notably succeeded in attracting global crypto firms, while Hong Kong has positioned itself as a hub for institutional crypto trading.

本地交易所允許比特幣 ETF：泰國證券交易委員會 (SEC) 正在考慮一項重大政策轉變，以允許機構和散戶投資者在本地市場直接存取比特幣交易所交易基金 (ETF)。此舉將顯著擴大泰國對比特幣的有限敞口，目前只能透過 One Asset Management 於 2024 年中期推出的基金中進行投資。現有基金投資於海外比特幣ETF，但現行法規仍禁止直接投資比特幣。然而，美國證券交易委員會秘書長 Pornanong Budsaratragoon 表示，美國證券交易委員會目前正在評估這些限制，以提供更廣泛的加密貨幣投資選擇。此類改革對於泰國在該地區保持競爭力至關重要，特別是在新加坡和香港等鄰國正在迅速開發強大的數位資產框架的情況下。新加坡在吸引全球加密貨幣公司方面取得了顯著的成功，而香港則將自己定位為機構加密貨幣交易的中心。

Thailand to Issue Stablecoins Backed by Government Bonds: The Thai government is making bold moves in stablecoin development. One key initiative is the exploration of issuing stablecoins that are backed by government bonds. This project is being spearheaded by Thaksin Shinawatra, the de facto leader of the ruling Pheu Thai Party. In addition to government bond-backed stablecoins, the SEC is also proposing a scheme that would allow companies with strong credit ratings to issue stablecoins linked to corporate bonds. The aim is to enhance access to corporate bond markets and reduce transaction costs. Stablecoins could play a crucial role in both retail and institutional investment.

泰國將發行由政府公債支持的穩定幣：泰國政府正在穩定幣開發採取大膽措施。其中一項關鍵措施是探索發行由政府公債支持的穩定幣。該項目由執政黨為泰黨事實上的領導人他信·西那瓦 (Thaksin Shinawatra) 牽頭。除了政府債券支持的穩定幣之外，美國證券交易委員會還提出了一項計劃，允許信用評級較高的公司發行與公司債掛鉤的穩定幣。目的是擴大公司債市場的准入並降低交易成本。穩定幣可以在零售和機構投資中發揮至關重要的作用。

Cryptocurrency Payments to Be Piloted in Thailand's Tourism Sector: Thailand is also embracing cryptocurrency in its vital tourism sector, which contributed over 20% of the nation's GDP prior to the pandemic. In a bid to attract tech-savvy travelers and boost global competitiveness, the government is launching a pilot project to enable crypto payments in select tourist hotspots. The initiative, which was announced by Deputy Prime Minister Pichai Chunhavajira, will begin in Phuket later this year. Tourists will be able to use Bitcoin and other cryptocurrencies to initiate payments at participating businesses. Notably, this program will operate within the country's existing legal frameworks, avoiding the need for immediate regulatory changes. Phuket, being a world-renowned tourist destination, has been chosen to pilot the crypto payment integration. If successful, the project could expand to other popular locations like Bangkok and Chiang Mai, making Thailand one of the first countries to integrate crypto into its tourism industry.

泰國旅遊部門將試行加密貨幣支付：泰國也在其重要的旅遊部門採用加密貨幣，該部門在疫情爆發前佔該國 GDP 的 20% 以上。為了吸引精通技術的旅客並提高全球競爭力，政府正在啟動一個試點項目，以在選定的旅遊熱點地區啟用加密貨幣支付。該倡議由副總理皮查伊·春哈瓦吉拉 (Pichai Chunhavajira) 宣布，將於今年稍晚在普吉島啟動。遊客將能夠使用比特幣和其他加密貨幣在參與的企業處發起付款。值得注意的是，該計劃將在該國現有的法律框架內運作，無需立即進行監管改革。普吉島是世界著名的旅遊目的地，已被選為試點加密支付整合。如果成功，該計畫可能會擴展到曼谷和清邁等其他熱門地點，使泰國成為首批將加密貨幣融入旅遊業的國家之一。

These multi-faceted initiatives to adopt cryptocurrency in Thailand demonstrate the nation's intent to strike a balance between innovation and regulation. By enabling Bitcoin ETFs, introducing stablecoins, and integrating crypto into tourism, Thailand is positioning itself as a forward-thinking player in the global crypto market. These efforts also align with Thailand's broader economic goals, such as attracting foreign investment, modernizing financial markets, and enhancing its appeal to international travelers. As Thailand continues to navigate the rapidly evolving world of digital assets, its regulatory and policy decisions are likely to serve as a model for other countries.

這些在泰國採用加密貨幣的多方面舉措表明了該國在創新與監管之間取得平衡的意圖。透過啟用比特幣 ETF、引入穩定幣以及將加密貨幣融入旅遊業，泰國將自己定位為全球加密貨幣市場中具有前瞻性的參與者。這些努力也符合泰國更廣泛的經濟目標，例如吸引外國投資、實現金融市場現代化以及增強對國際遊客的吸引力。隨著泰國繼續在快速發展的數位資產世界中前行，其監管和政策決策可能會成為其他國家的典範。