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Thailand SEC Proposes Letting Retail Investors Trade Overseas Crypto Derivatives

Thailand SEC Proposes Letting Retail Investors Trade Overseas Crypto Derivatives

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Photo: Shutterstock
Photo: Shutterstock

Thailand’s Securities and Exchange Commission has proposed allowing retail investors to trade certain overseas cryptocurrency derivatives through local intermediaries.

Cointelegraph reported on September 1 that the Thai SEC published draft rule changes that would allow brokers to offer retail clients access to specific foreign digital-asset derivatives.

Under the proposal, eligible products must be similar to crypto derivatives traded in Thailand in terms of the underlying asset, maturity, leverage and settlement method. Exchanges listing those products must also have a central clearing system and be supervised either by an international…

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