Thailand SEC Proposes Opening Retail Access to Overseas Crypto Derivatives

Thailand's Securities and Exchange Commission proposed new rules allowing intermediaries to offer retail investors access to overseas crypto derivatives. Eligible offshore products must closely mirror crypto derivatives already traded in Thailand, matching their maturity, leverage, and settlement methods. The offshore exchanges must use a central counterparty for clearing and operate under the oversight of recognized international regulatory groups. Derivatives failing to meet these strict conditions will be restricted strictly to institutional investors who are better equipped to manage the risk. The regulatory consultation phase remains open for public comment until Sept. 30.