According to CoinMeta, the Bitcoin regulations established by the Thai Securities and Exchange Commission will come into effect on October 16th, with Bitcoin being listed as a qualified asset in the first phase. Relevant funds must maintain an average net exposure of at least 80% of their net asset value per fiscal year. Custodian institutions must obtain permission from the Thai Securities and Exchange Commission, and fund shares can only be traded on the Thai Stock Exchange. Securities companies are not allowed to provide guaranteed financial services. Thai mutual funds and private equity funds are permitted to invest in locally listed cryptocurrencies. Initially, the issuance and provision of depositary receipts related to overseas cryptocurrencies are prohibited.