CMC News

Thailand Approves #DigitalAssets for Derivatives Trading

#Thailand's government approved a Finance Ministry proposal on Tuesday allowing digital assets to serve as underlying assets in the country's derivatives and capital markets. The Securities and Exchange Commission will amend the Derivatives Act to enable the change, which includes $BTC and carbon credits.

The Bangkok Post reported the move aims to modernize Thailand's #derivatives markets in line with international standards. The government seeks to strengthen regulatory oversight, improve investor protection, and position Thailand as a regional hub for institutional #crypto trading.

Nirun Fuwattananukul, chief executive at a major exchange operating in Thailand, called it a "watershed moment" for the country's capital markets. The decision to formally recognize digital assets, including cryptocurrencies and digital tokens, reflects a growing understanding that these are no longer merely speculative instruments, he said.

Fuwattananukul added that the move sends a strong signal that Thailand is positioning itself as a forward-looking leader in Southeast Asia's digital economy. #Digitalassets now represent an emerging asset class with the potential to reshape capital market foundations.

Thailand is targeting wealthy institutional investors as it expands its crypto ambitions. The decision aligns with the Stock Exchange of Thailand's plans to introduce Bitcoin futures and exchange-traded products in 2026.