TechFlow News: On February 12, according to Decrypt, Thailand’s Cabinet has approved amendments to the Derivatives Act to permit digital assets as underlying instruments for regulated derivatives. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC) of Thailand, stated that this move will “foster more inclusive market growth, facilitate diversification and more effective risk management, and expand investment opportunities for a broader range of investors.”
The SEC will formulate subsequent regulations to amend derivative licensing requirements, enabling digital asset operators to offer crypto-related contracts, and will coordinate with the Thailand Futures Exchange (TFEX) to establish contract specifications.
