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Thailand Regulator Eyes Crypto Futures Expansion in Rule Proposal

Cointelegraph
Thailand's SEC is proposing rule changes to allow licensed digital asset firms to offer derivatives without creating separate entities.

Summary

The Securities and Exchange Commission (SEC) of Thailand is proposing regulatory revisions that would enable licensed digital asset businesses to apply for derivatives licenses directly within their existing corporate structures. This change aims to remove the requirement for establishing separate legal entities, thereby lowering entry barriers while increasing oversight. The proposal seeks to provide investors with better hedging tools and align local derivatives practices with international standards. Public consultation on the initiative is open until May 20, as the market observes a global trend of expanding crypto derivatives offerings.

(Source:Cointelegraph)