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Thailand SEC proposes retail access to regulated overseas crypto derivatives

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 30 Views

Thailand SEC proposes retail access to regulated overseas crypto derivatives

Thailand’s SEC seeks comments on rules requiring retail-accessible overseas crypto derivatives to trade on qualifying, centrally cleared exchanges.

Thailand’s Securities and Exchange Commission (SEC) has proposed allowing intermediaries to facilitate retail access to certain digital asset derivatives traded overseas.&

Under the proposal, eligible products would need to resemble crypto derivatives traded in Thailand, including their underlying assets, maturity, leverage and settlement methods.&

The products must also trade on an exchange that uses a central counterparty for clearing and is overseen by a regulator belonging to specified international regulatory or exchange groups.&

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