Summary
- Thailand’s SEC is reviewing rule changes that would allow firms to offer crypto derivatives without setting up a separate legal entity as part of efforts to expand the market.
- The proposal would let crypto firms apply directly for a derivatives license, lowering barriers to entry while placing related activities under stricter regulatory oversight.
- The SEC said the plan would broaden investors’ hedging and portfolio management tools while strengthening oversight, and whether the rules are finalized remains a key market variable.
Forecast Trend Report by Period
Thailand’s regulators are considering rule changes to expand the cryptocurrency derivatives market by lowering barriers to entry.
Cointelegraph reported on April 22 that Thailand’s Securities and Exchange Commission is reviewing amendments that would allow crypto firms to offer derivatives without setting up a separate legal entity.
Under the proposal, firms could apply directly for a derivatives license instead of having to establish a standalone entity under current rules.
The SEC aims to reduce barriers to market entry while bringing related activities under stricter regulatory oversight.
It also said the changes would expand hedging and portfolio management tools for investors and help align standards for derivatives exchanges and clearing with international norms.
The market is closely watching how the combination of looser rules and tighter oversight will affect growth in Thailand’s crypto derivatives sector. Whether the changes are finalized remains a key variable.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
