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Thailand to introduce crypto ETF and futures trading in new regulation this year: report

The Block
Thailand's SEC plans to introduce new regulations this year to allow crypto ETFs and futures trading on the Thailand Futures Exchange.

Summary

Thailand's Securities and Exchange Commission (SEC) is planning to introduce comprehensive regulations this year to support the establishment of crypto Exchange-Traded Funds (ETFs) and the introduction of crypto futures trading on the Thailand Futures Exchange (TFEX). The SEC Deputy Secretary-General noted that crypto ETFs are attractive because they mitigate concerns over hacking and wallet security. The SEC board has already approved crypto ETFs in principle and is finalizing operational rules. Furthermore, the regulator is pushing to recognize crypto assets as an underlying asset class under the Derivatives Act to provide a clearer legal basis for crypto derivatives, allowing futures trading on the TFEX to offer investors hedging and advanced risk-management options. This move signals a significant shift toward a more structured regulatory regime for digital assets in Thailand.

(Source:The Block)