Thailand Moves to Support Crypto ETFs, Futures, and Tokenized Assets

[cryptoenthusiast]

Thailand’s Securities and Exchange Commission is preparing new regulations to support crypto exchange-traded funds (ETFs), crypto futures trading, and tokenized investment products as part of a broader push to modernize its capital markets.

SEC deputy secretary-general Jomkwan Kongsakul said formal guidelines for crypto ETFs are expected to be issued early this year. She noted that ETFs could lower barriers for investors by removing concerns around hacking, private keys, and wallet security.

The regulator also plans to enable crypto futures trading on the Thailand Futures Exchange and recognize digital assets as an official asset class under the Derivatives Act. Investors would be allowed to allocate up to 5% of a diversified portfolio to crypto.

Thailand aims to position itself as a regional crypto hub for institutional investors, even as crypto payments remain restricted.

[kevin1]

financial influencer crackdown is overdue. too many people shilling altcoins like they’re candy.

[Revenant]

Influencer rules were inevitable.

[The_Walking_Dead]

Too much paid shilling poisoned trust.

[Capybara_Capybara]

ETFs = safer on-ramp for normies.

[JanEmil]

Nice move.