Thailand's SEC to establish rules for crypto ETFs and futures

Thailand's Securities and Exchange Commission (SEC) is preparing new regulations to support cryptocurrency ETFs, futures trading, and tokenized investment products, Cointelegraph reported. The Thai SEC plans to release guidelines for establishing crypto ETFs by early this year. The commission also intends to allow crypto futures trading on the Thailand Futures Exchange (TFEX), introduce a market-making system, and formally recognize cryptocurrencies as an official asset class under the country's Derivatives Act.