PANews reported on March 10 that according to CoinDesk, Thailand's financial regulator, the Securities and Exchange Commission (SEC), is expanding its list of approved cryptocurrencies to include two major stablecoins, Tether's USDT and Circle's USDC, as trading pairs for digital asset exchanges. Prior to this, the regulator only approved BTC, ETH, XRP, XLM, and certain tokens used in the Thai bank's settlement system. The move followed a public consultation in February, during which the majority of respondents supported the proposal. The new regulations will take effect on March 16.