Thailand's SEC plans to implement cryptocurrency ETF and futures regulatory rules within the year

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

SEC Deputy Secretary-General Jomkwan Kongsakul stated that formal guidelines for crypto ETFs are expected to be released within the year, making it easier for investors to allocate related assets without managing their own wallets. He suggested that crypto assets be regarded as "another class of assets," with a maximum allocation limit of 5% in diversified portfolios. The SEC also plans to incorporate crypto assets into the framework of the Derivatives Act, launch crypto futures on the Thailand Futures Exchange (TFEX), and tighten regulations on "financial influencers," requiring those involved in income promises or investment advice to possess investment advisory or intermediary licenses.