Thailand's Securities and Exchange Commission (SEC) has put forward a proposal to revamp its licensing rules for digital asset companies. The main aim of this change is to make it easier for these companies to offer futures products to retail investors.
The current rules require a crypto company that wants to offer derivatives to establish a new entity, which adds time, cost, and complexity. However, the proposed revision would remove this structural barrier to entry by allowing licensed digital asset companies to apply for derivatives licenses directly without setting up separate legal entities.
This move is part of a wider push towards expanding the market, which includes plans for tighter oversight and scrutiny of funders behind crypto firms. The SEC said that the changes are designed to give investors more tools for managing risk and building out their portfolios.