Thai Regulator Readies Framework for Crypto ETFs and Futures

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New regulations supporting crypto exchange-traded funds (ETFs), futures, and tokenized products are in development by Thailand’s Securities and Exchange Commission. This initiative seeks to expand and secure the digital asset landscape.

Formal guidelines for launching crypto ETFs in Thailand are expected early this year, according to SEC deputy secretary-general Jomkwan Kongsakul. The announcement highlights the regulator’s commitment to fostering regulated investment avenues.

Kongsakul pointed out that a primary advantage of crypto ETFs is their ease of access. They eliminate the technical complexities and security risks associated with direct asset ownership, such as hacking and wallet management.

The regulatory plan also includes enabling crypto futures trading on the Thailand Futures Exchange. Further key measures involve setting up market makers to ensure liquidity and granting digital assets official recognition as an asset class under existing derivatives law.

Thailand is actively courting institutional investment to become a regional crypto center. Retail trading remains robust even with restrictions on crypto payments, as evidenced by the strong daily volumes on platforms like Bitkub.