In brief
- Thailand has approved changes to let digital assets back derivatives.
- The country’s SEC will update licenses and set contract rules with TFEX.
- Local observers say the reform is overdue, but warn weak safeguards could raise systemic risk.
Thailand’s Cabinet has approved key changes to expand the types of assets allowed under the country’s Derivatives Act.
Under the new regime, crypto would be permitted to serve as underlying instruments for regulated derivatives products, reinforcing their recognition as an investment asset class within Thailand’s formal capital markets framework.
“This development will help promote more inclusive market growth, facilitate diversification and more effective risk management, and expand…
