The Securities and Exchange Commission of Thailand (SEC) is expected to issue a comprehensive set of regulations for digital asset products and activities later this year.
According to the Bangkok Post , the Thai SEC is planning to issue official guidelines to support the establishment of crypto ETFs and the rollout of Futures Contract trading on the Thailand Derivative Exchange (TFEX). These new regulations are expected to launch early this year, although a specific timeline has not yet been announced.
Ms. Jomkwan Kongsakul, Deputy Secretary-General of the SEC, stated that crypto ETFs are highly attractive because they help investors eliminate concerns about hacking or the security of their personal wallets. The SEC leadership has approved this initiative and is finalizing detailed regulations regarding investment and operation.
This move marks a significant shift in Thailand's crypto management, moving towards a more structured and growth-oriented market. Regulators are also working to make crypto a recognized underlying asset class under the Derivative Act, creating a solid legal foundation for future Derivative products.
According to the plan, crypto Futures Contract will be traded on the TFEX exchange. Ms. Jomkwan said this will provide investors with a tool for hedging and more sophisticated portfolio management options.
The new SEC regulations come amid a tightening of Thai government regulation across the entire digital asset ecosystem. Last week, The Nation reported that the Bank of Thailand is also closely monitoring stablecoin activities, particularly USDT transactions, due to concerns about "grey money" and cross-border money transfers.
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The article "Thailand gives the green light" for ETFs and crypto futures trading first appeared on CoinMoi .
