Thailand's SEC seeks public comments on draft licensing rules for digital a

Thailand's Securities and Exchange Commission (SEC) opened a public consultation on October 29 on eight draft rules governing derivatives businesses, seeking to formally recognize digital assets as eligible underlying assets under the country's derivatives law. The draft framework covers licensing requirements for derivatives exchanges, clearing houses, and intermediaries, and would allow existing digital asset operators to apply for derivatives licenses without establishing a new corporate entity. The proposals also revise financial reporting standards for exchanges and clearing houses. Comments are due by November 28. The move signals Thailand's continued regulatory integration of digital assets into its broader financial market framework, potentially expanding the scope of regulated crypto-derivatives products available to institutional and retail participants. Market watchers should monitor the final rule text and implementation timeline following the consultation close.