Thailand's SEC opens consultation on crypto futures rules
- —Digital assets were already added to the list of eligible underlying assets under the Derivatives Act
- —The draft sets requirements for operators of futures on crypto assets
- —The consultation is open to businesses, investors and other market participants
- —The regulator has already let crypto firms apply for futures licences and approved crypto ETFs
Why it matters: Regulated crypto futures in Thailand would reduce reliance on offshore derivatives venues, though the impact depends on the final rules.
Source: Siam Blockchain