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The Thai SEC has not yet received applications for spot crypto ETFs.
According to Crypto Briefing, Thailand's Securities and Exchange Commission (SEC) stated that it has not yet received any formal applications for spot cryptocurrency ETFs, though multiple asset management firms have already submitted inquiries regarding spot Bitcoin and Ethereum products. The regulator declined to disclose potential issuers or establish a listing timeline, noting that it cannot confirm whether the inaugural Thai crypto ETFs will launch in 2026. On October 8, Thailand's SEC finalized 11 related notices, establishing a new regulatory framework that took effect on October 16. Under the rules, licensed asset management firms may create passive ETFs tracking a single eligible asset—currently restricted to Bitcoin and Ethereum—maintaining an annual average net exposure of no less than 80%. These products may only be listed and traded on the Stock Exchange of Thailand and must utilize SEC-approved digital asset custodians. Investors are required to complete risk education and formally acknowledge associated risks prior to purchase, while brokerages are barred from offering margin trading or securities lending for these funds. Thai mutual funds and private funds may allocate to domestic crypto ETFs within their existing investment limits. Previously, access to such exposure was only possible through overseas ETFs and was strictly limited to institutional and ultra-high-net-worth investors.
Tether Leads $3 Million Seed Funding Round for Colombian Fintech Plenti
According to Crypto Briefing, Colombian fintech company Plenti has completed a $3 million seed funding round led by Tether, with participation from Verda Ventures. Plenti plans to use the funds to expand its operations in Colombia and enter the markets of Peru and Bolivia.
Predictive Behavior AI Company THEA Completes $8 Million Financing
According to Crypto Briefing, predictive behavior AI network company THEA announced it has completed an $8 million funding round, co-led by Maven11 Capital, Spartan Group, Manifold Trading, HackVC, and Fisher8 Capital.
Revolut CEO Confirms IPO to Launch as Early as 2028, While Simultaneously Pursuing U.S. Banking License
According to Crypto Briefing, Nik Storonsky, CEO of Revolut—the largest fintech company in Europe—told David Rubenstein in a recent interview that the company’s IPO is still at least “two years away,” meaning it would not go public before 2028 at the earliest. Prior to its IPO, Revolut will continue offering liquidity to employees and early investors via secondary share sales; a new round of such transactions is reportedly slated for 2026. The company’s latest valuation stands at $75 billion. Meanwhile, Revolut is actively expanding into the U.S. market and has completed its second application for a U.S. banking charter. If approved, it would gain direct access to the Federal Reserve’s payment systems and be able to offer loans and credit cards to U.S. customers.
The Thai SEC has not yet received applications for spot crypto ETFs.
According to Crypto Briefing, Thailand's Securities and Exchange Commission (SEC) stated that it has not yet received any formal applications for spot cryptocurrency ETFs, though multiple asset management firms have already submitted inquiries regarding spot Bitcoin and Ethereum products. The regulator declined to disclose potential issuers or establish a listing timeline, noting that it cannot confirm whether the inaugural Thai crypto ETFs will launch in 2026. On October 8, Thailand's SEC finalized 11 related notices, establishing a new regulatory framework that took effect on October 16. Under the rules, licensed asset management firms may create passive ETFs tracking a single eligible asset—currently restricted to Bitcoin and Ethereum—maintaining an annual average net exposure of no less than 80%. These products may only be listed and traded on the Stock Exchange of Thailand and must utilize SEC-approved digital asset custodians. Investors are required to complete risk education and formally acknowledge associated risks prior to purchase, while brokerages are barred from offering margin trading or securities lending for these funds. Thai mutual funds and private funds may allocate to domestic crypto ETFs within their existing investment limits. Previously, access to such exposure was only possible through overseas ETFs and was strictly limited to institutional and ultra-high-net-worth investors.
Lighter plans to apply for a CFTC derivatives broker license in November, LIT token surges over 15% in a single day.
According to Crypto Briefing, the native token LIT of perpetual futures decentralized exchange Lighter has risen by over 15%, trading at around $3.90. Previously, Lighter announced plans to submit a derivatives license application to the U.S. Commodity Futures Trading Commission (CFTC) in November 2026. Founder Vladimir Novakovski stated that the team has been communicating with regulators for about a year, with the goal of becoming the first on-chain perpetual futures DEX to secure CFTC regulatory approval. Upon approval, Lighter is poised to provide U.S. institutions with a compliant on-chain trading channel and lay the groundwork for establishing a U.S. operational entity.
Revolut CEO Confirms IPO to Launch as Early as 2028, While Simultaneously Pursuing U.S. Banking License
According to Crypto Briefing, Nik Storonsky, CEO of Revolut—the largest fintech company in Europe—told David Rubenstein in a recent interview that the company’s IPO is still at least “two years away,” meaning it would not go public before 2028 at the earliest. Prior to its IPO, Revolut will continue offering liquidity to employees and early investors via secondary share sales; a new round of such transactions is reportedly slated for 2026. The company’s latest valuation stands at $75 billion. Meanwhile, Revolut is actively expanding into the U.S. market and has completed its second application for a U.S. banking charter. If approved, it would gain direct access to the Federal Reserve’s payment systems and be able to offer loans and credit cards to U.S. customers.
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Franklin Templeton plans to launch two hybrid ETFs combining U.S. stocks and Bitcoin, with 95% allocated to stocks and 5% to Bitcoin.
According to Crypto Briefing, asset management firm Franklin Templeton plans to launch two ETFs that combine exposure to U.S. stocks and Bitcoin, with an initial asset allocation of 95% U.S. stocks and 5% Bitcoin, tracking the S&P 500 and Nasdaq 100 indices, respectively.
The Thai SEC has not yet received applications for spot crypto ETFs.
According to Crypto Briefing, Thailand's Securities and Exchange Commission (SEC) stated that it has not yet received any formal applications for spot cryptocurrency ETFs, though multiple asset management firms have already submitted inquiries regarding spot Bitcoin and Ethereum products. The regulator declined to disclose potential issuers or establish a listing timeline, noting that it cannot confirm whether the inaugural Thai crypto ETFs will launch in 2026. On October 8, Thailand's SEC finalized 11 related notices, establishing a new regulatory framework that took effect on October 16. Under the rules, licensed asset management firms may create passive ETFs tracking a single eligible asset—currently restricted to Bitcoin and Ethereum—maintaining an annual average net exposure of no less than 80%. These products may only be listed and traded on the Stock Exchange of Thailand and must utilize SEC-approved digital asset custodians. Investors are required to complete risk education and formally acknowledge associated risks prior to purchase, while brokerages are barred from offering margin trading or securities lending for these funds. Thai mutual funds and private funds may allocate to domestic crypto ETFs within their existing investment limits. Previously, access to such exposure was only possible through overseas ETFs and was strictly limited to institutional and ultra-high-net-worth investors.
Lighter plans to apply for a CFTC derivatives broker license in November, LIT token surges over 15% in a single day.
According to Crypto Briefing, the native token LIT of perpetual futures decentralized exchange Lighter has risen by over 15%, trading at around $3.90. Previously, Lighter announced plans to submit a derivatives license application to the U.S. Commodity Futures Trading Commission (CFTC) in November 2026. Founder Vladimir Novakovski stated that the team has been communicating with regulators for about a year, with the goal of becoming the first on-chain perpetual futures DEX to secure CFTC regulatory approval. Upon approval, Lighter is poised to provide U.S. institutions with a compliant on-chain trading channel and lay the groundwork for establishing a U.S. operational entity.
Brooklyn prosecutors join the FBI to crack down on a crypto scam network, shutting down 241 fraudulent domains and 112 servers
According to Crypto Briefing, Alona Katz, head of the virtual currency division at the Brooklyn District Attorney's Office, partnered with the FBI New York Field Office to shut down or seize 241 scam domains and 112 servers. The associated network primarily targeted the Russian-speaking community in the U.S. for cryptocurrency investment scams.
Tether Leads $3 Million Seed Funding Round for Colombian Fintech Plenti
According to Crypto Briefing, Colombian fintech company Plenti has completed a $3 million seed funding round led by Tether, with participation from Verda Ventures. Plenti plans to use the funds to expand its operations in Colombia and enter the markets of Peru and Bolivia.
Predictive Behavior AI Company THEA Completes $8 Million Financing
According to Crypto Briefing, predictive behavior AI network company THEA announced it has completed an $8 million funding round, co-led by Maven11 Capital, Spartan Group, Manifold Trading, HackVC, and Fisher8 Capital.