Thailand Takes a Key Step in Cryptocurrency Regulation. The Thai Cabinet has approved significant amendments to the Derivatives Act, officially including cryptocurrencies within the scope of regulated derivative underlying assets. This means that crypto assets will be recognized as compliant financial instruments within Thailand’s capital market framework, suitable for hedging, pricing, and structured transactions.
Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC) of Thailand, stated that this move will broaden investment options, strengthen risk management mechanisms, and promote higher transparency and diversification in the market. Regulators also indicated that subsequent rules will be drafted to adjust derivative licensing systems, allowing digital asset-related institutions to offer contract products linked to cryptocurrencies, while simultaneously reviewing standards for trading, clearing, and risk control.
According to plans, the SEC will coordinate with the Thailand Futures Exchange (TFEX) to develop contract details better aligned with the volatility characteristics of digital assets, avoiding mismatches between traditional derivative risk control frameworks and crypto asset risks. Industry experts generally believe this will open up space for a “compliant crypto derivatives market” and “institutional-grade crypto hedging tools.”
Policy strategist and founder of Gather Beyond, Pichapen Prateepavanich, pointed out that this legislative update essentially “aligns regulation with market realities.” She believes that if the structural design is reasonable, crypto derivatives can improve liquidity, support hedging, and attract institutional funds. Otherwise, the market will remain low in depth and highly volatile. However, she also emphasized that if information disclosure and capital adequacy standards are not met, systemic risks could still be amplified.
Looking back, since the introduction of the Emergency Decree on Digital Asset Business in 2018, Thailand has gradually built a regulatory system centered on licensing, enforcement, and investor protection. In recent years, this has expanded to include stablecoins, digital asset funds, tokenized assets, and plans for crypto ETFs. The upgrade of derivatives legislation is seen as a key milestone in fully integrating digital assets into Thailand’s formal financial system.
In a global context where many countries remain cautious about crypto derivatives, Thailand’s move may enhance its strategic position in Asian digital financial regulation.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Geopolitical Turmoil! Dalio Declares "Gold is the Only True God," but Its Safe-Haven Performance Trails Bitcoin
As geopolitical tensions in the Middle East escalate, Bridgewater founder Ray Dalio questions Bitcoin and reaffirms gold as the preferred safe haven. Nevertheless, gold prices fell accordingly, while Bitcoin only experienced a slight correction, indicating that the correlation between the two is weakening. Dalio doubts Bitcoin's transparency and future risks, but he still maintains a small allocation of Bitcoin for diversification.
区块客34m ago
Kuwait Petroleum Company implements preventive measures, reducing crude oil production and refining capacity due to Iranian attacks
Gate News Report, March 7, Kuwait Petroleum Corporation (Kuwait National Petroleum Company) issued a statement saying that in response to Iran's attack on Kuwait, the company has implemented preventive measures, reducing crude oil production and refining capacity.
GateNews39m ago
Iran and North Korea are both using it! Stablecoins have become the preferred virtual asset for illegal transactions, with involved fraud totaling $51 billion.
According to the FATF report, stablecoins have become the preferred asset for illegal transactions, especially in countries like Iran and North Korea. The organization calls for increased regulation of stablecoin issuers and states that by 2025, stablecoins will account for the majority of illegal virtual asset transactions. To address these challenges, the FATF recommends that issuers strengthen their technical capabilities to improve regulatory efficiency.
区块客39m ago
Iranian Parliament National Security Committee: Will continue to fight against the enemy until revenge for the assassination of the Supreme Leader
Gate News Report, March 7th, the Iranian Parliament's National Security Committee issued a statement saying that the war against the enemy will continue until revenge is taken for the assassination of the Supreme Leader.
GateNews39m ago
Iranian President: Iran seeks to establish friendly relations with regional countries but reserves the right to self-defense
Gate News Report, March 7 - Iranian President Ebrahim Raisi stated on March 7 that Iran seeks to establish friendly relations with regional countries, but this does not deny Iran's right to self-defense against "aggression" from the United States and Israel.
GateNews51m ago
Iranian Revolutionary Guard claims to have hit a Marshall Islands-flagged oil tanker in the Strait of Hormuz
Gate News Report, March 7th, according to Iranian state media, the Iranian Revolutionary Guard claimed to have hit a Marshall Islands-flagged oil tanker in the Strait of Hormuz.
GateNews1h ago
