Thailand Advances Crypto Market Modernization with ETF and Futures Framework
Thailand's Securities and Exchange Commission is overhauling its digital asset regulations to accommodate crypto exchange-traded funds and expand derivatives trading. The reforms aim to formalize oversight while stimulating institutional participation in Southeast Asia's burgeoning crypto sector.
The regulatory shift includes explicit recognition of digital assets under the Derivatives Act—a MOVE Deputy Secretary General Jomkwan Kongsakul says will 'create clearer pathways for investment.' Market makers will receive expanded support for crypto futures trading on the Thailand Futures Exchange, signaling growing institutional acceptance.
This strategic pivot follows regional competitors like Singapore and Hong Kong in developing structured crypto investment products. Analysts note the reforms could position Bangkok as a hub for compliant digital asset innovation, particularly for bitcoin and Ethereum-based financial instruments.
