Thailand Eases Licensing Rules for Cryptocurrency Derivatives

Thailand's move to ease licensing rules for cryptocurrency derivatives is being closely watched by the market as it seeks to expand its reach in the region.

The country's Securities and Exchange Commission (SEC) is reviewing rule changes that would allow crypto firms to offer derivatives without setting up a separate legal entity, which could reduce barriers to entry while increasing regulatory oversight.

Under the proposed amendments, firms could apply directly for a derivatives license instead of having to establish a standalone entity under current rules. This change aims to align standards with international norms and provide investors with more hedging tools.