Thailand SEC Proposes Allowing Retail Investors to Access Regulated Overseas Crypto Derivatives Trading

Odaily Planet Daily News: The Securities and Exchange Commission of Thailand (SEC) has proposed allowing intermediaries to offer retail investors access to certain overseas digital asset derivatives trading services. The relevant products must be similar to crypto derivatives traded domestically in Thailand, covering elements such as underlying assets, expiration times, leverage levels, and settlement methods.

The proposed products must also be traded on exchanges that adopt a central counterparty clearing mechanism, and such exchanges should be subject to supervision by designated international regulatory or trading organization members. On March 5, the Thai SEC officially classified cryptocurrencies and digital tokens as permitted derivative underlying assets and is currently discussing contract details with the Thailand Futures Exchange.

Overseas crypto derivatives that do not meet the proposed conditions may only be offered to institutional investors. The public consultation period will remain open until September 30, and the Thai SEC has not yet announced the implementation date of the amended rules. (Cointelegraph)