Thailand’s Crypto Dreams: ETFs, Futures, and a Dash of Regulatory Hope

Amidst the humid embrace of Southeast Asia, Thailand’s Securities and Exchange Commission, with the grace of a bureaucratic ballet, stirs the pot of modernity. Their latest decree? A symphony of rules-crypto exchange-traded funds, futures trading on the Thailand Futures Exchange, and a nod to digital assets under the Derivatives Act. One might call it a moonlit waltz between tradition and innovation, though the market makers, those alchemists of liquidity, will no doubt sip their lukewarm coffee and sigh at the pace.

Deputy Secretary General Jomkwan Kongsakul, a figure both solemn and slightly bemused, declared these reforms “not merely strokes of a pen but the very breath of life into the nascent lungs of Thailand’s digital economy.” How poetic, if only the economy could muster the same vigor as a tourist dodging tuk-tuk drivers. Yet here we are: a nation where even the dusty scroll of the Derivatives Act is reawakened, as if to whisper, “At last, a future worth speculating on.”

Read More

2026-01-22 11:36