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Thailand Authorizes Crypto and Carbon Credits as Underlyings for Regulated Derivatives

The SEC will now set licensing, custody, margin, contract and clearing rules with TFEX to bring Bitcoin futures and related products to market.

Overview

  • Cabinet approval reclassifies cryptocurrencies and carbon credits under the Derivatives Act, allowing futures and options tied to these assets.
  • The SEC says it will amend derivatives licenses so digital‑asset operators can offer crypto‑linked contracts and will coordinate specifications with TFEX.
  • Regulators plan supervisory standards for exchanges and clearing houses, including stricter custody, margining and disclosure requirements.
  • Carbon credits are being reclassified to enable physically delivered carbon credit futures for Thai investors, according to reporting on the amendment.
  • Officials have signaled crypto ETFs are planned this year, while market participants express strong interest and experts urge tighter capital safeguards to limit systemic risk.