Thailand SEC plans to implement crypto ETF and futures regulatory rules within the year

ChainCatcher news, according to Cointelegraph, the Securities and Exchange Commission (SEC) of Thailand is formulating regulations to support crypto ETFs, crypto futures trading, and tokenized investment products.

SEC Deputy Secretary-General Jomkwan Kongsakul stated that official guidelines for crypto ETFs are expected to be released within the year, making it easier for investors to allocate related assets without the need for self-custody wallets. She also suggested that crypto assets should be regarded as "another asset class," with a maximum allocation cap of 5% in diversified portfolios. At the same time, the SEC plans to include crypto assets under the framework of the Derivatives Act, launch crypto futures on the Thailand Futures Exchange (TFEX), and tighten regulation of "financial influencers," requiring those who make yield promises or investment recommendations to hold investment advisor or brokerage licenses.