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Thailand Approves Crypto as Collateral in Derivatives Market
Key Takeaways
- Thailand approved digital assets as collateral in derivatives markets and moved toward global market standards;
- Regulators will revise the Derivatives Act to include assets like Bitcoin and carbon credits;
- Officials see the shift as a major step that supports investor protection and positions Thailand as a regional crypto hub.
Thailand has introduced a new policy that allows digital assets to be used as collateral for products in its derivatives and capital markets.
The cabinet accepted a plan from the Finance Ministry that would allow cryptocurrencies and other digital assets to serve as underlying assets.
Local news media, including the Bangkok Post, noted that the decision aims to update the country’s market framework to align with global practices.
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Officials also aim to improve oversight, raise investor protection standards, and build a clearer path for Thailand to grow as a regional center for institutional crypto activity.
The next step falls to the Securities and Exchange Commission (SEC). The agency will revise the Derivatives Act to include the new asset types.
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Nirun Fuwattananukul, chief executive of Binance
He added that it was a “watershed moment” for the country’s capital markets, sending a “strong signal” that Thailand is positioning itself as a “forward-looking leader” in Southeast Asia’s digital economy.
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