Thailand Approves Crypto as Underlying Assets in Derivatives Markets

Thailand has taken a major step toward integrating cryptocurrencies into its financial markets. According to the Bangkok Post, the Thai government has approved a Financial Ministry proposal, allowing digital assets like Bitcoin to serve as a foundation for regulated futures and options contracts within the Asian country’s derivatives markets.

According to the country’s SEC secretary-general Pornanong Budsaratragoon, cryptocurrencies are now classified as “permissible goods and variables” under the new guidelines. The Securities and Exchange Commission will draft detailed regulations and requirements, including amendments to derivatives business licenses. This will enable existing digital asset operators to offer crypto-linked contracts while managing volatility risks.

Regulatory Framework and Market Expansion

Budsaratragoon said the move will enhance market inclusiveness, diversify investment opportunities, and improve risk management. The SEC will work closely with the Thailand Futures Exchange to launch the country’s first crypto derivatives, including Bitcoin futures. This will ensure brokers and clearing houses are aligned to offer these new products. The amendments also reclassify carbon credits as variables instead of goods, ensuring that Thai investors will soon be able to access physically delivered carbon credit futures.

Looking ahead, the SEC plans to introduce crypto exchange-traded funds (ETFs) this year as part of its 2026 roadmap to position Thailand as a regional crypto trading hub. Authorities are also exploring crypto adoption in tourism through the TouristDigiPay initiative, allowing travelers to convert digital assets into local currencies.