Thai Regulator Proposes Retail Access to Overseas Crypto Derivatives

Thailand's Securities and Exchange Commission (SEC) has proposed allowing intermediaries to facilitate retail access to certain digital asset derivatives traded overseas.

The eligible products would need to resemble crypto derivatives traded in Thailand, including their underlying assets, maturity, leverage, and settlement methods.

The consultation marks Thailand's latest step toward bringing crypto-linked products into its regulated capital markets. The SEC formally designated cryptocurrencies and digital tokens as permissible derivatives underlyings on March 5.

Crypto derivatives that do not meet the proposed conditions could only be offered to institutional investors, according to the regulator.