Thailand SEC Seeks Public Comments on Draft Rules for Digital Asset Derivatives Licenses
Gold Finance reports that on November 3, according to an announcement by the Securities and Exchange Commission (SEC) of Thailand, the agency sought public comments on eight draft rules for derivative activities on October 29, to align with the inclusion of digital assets as eligible underlying assets under the Derivatives Act.
The draft outlines a licensing framework for derivatives exchanges, clearinghouses, and intermediary services, aiming to allow digital asset operators to apply for derivatives business licenses without establishing a new company, while also revising financial reporting standards for exchanges and clearinghouses. The comment period ends on November 28.
Thailand SEC Seeks Public Feedback on Licensing Rules for Digital Asset Derivatives
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Summary
On October 29, Thailand’s SEC launched a public consultation on digital asset regulation, focusing on eight draft rules for derivative businesses. The framework seeks to align digital assets with recognized underlying assets under derivatives law, outlining licensing requirements for exchanges, clearinghouses, and intermediaries, and permitting operators to apply for derivatives licenses without establishing new entities. The rules also update financial reporting standards. The feedback period runs until November 28. If finalized, the proposals could provide clearer regulatory pathways for risk-on assets.
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