Thailand is looking to make a major change in how it handles crypto derivatives, aiming to grow the market while retaining control. The Securities and Exchange Commission has proposed rules that would allow licensed digital asset companies to apply for derivatives licenses directly, without having to set up new companies.
This change could make it easier for companies to enter the derivatives market and offer products like futures contracts. The proposal also has steps to manage risks and avoid conflicts of interest, with a focus on protecting investors.
This proposal builds on earlier rules that accept digital assets as valid for use in derivatives. By expanding these rules, Thailand aims to align with international standards and give investors more ways to manage risk and diversify.
Demand for crypto derivatives is growing rapidly worldwide. Platforms like Blockchain.com and exchanges such as Kraken are adding more options, including perpetual futures for leveraged trading.
Thailand’s proposal comes at a time when regulators worldwide are trying to balance new ideas with market stability. The public can give feedback on the changes until May 20.
If these new rules are approved, Thailand could become a stronger regional digital asset hub and offer investors more advanced products in a regulated setting.
Source: X.com
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