Thailand's cabinet has approved amendments to the Derivatives Act, allowing digital assets to be used as underlying tools for regulated derivatives. The Secretary-General of the Thai Securities and Exchange Commission (SEC), Pornanong Budsaratragoon, stated that this move will "promote more inclusive market growth, facilitate diversification and more effective risk management, and expand investment opportunities for a broader range of investors." The SEC will develop subsequent rules to amend derivatives licenses, enabling digital asset operators to offer crypto-related contracts, and will coordinate with the Thailand Futures Exchange (TFEX) to establish contract specifications.
Thailand Approves Digital Assets as Regulated Derivatives
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