Thailand’s SEC Proposes to Open Applications for Digital Asset Derivatives Business Licenses—No Need to Establish a New Company

According to an official announcement by the Securities and Exchange Commission of Thailand (SEC), the Thai SEC is soliciting public comments on proposed amendments to the regulations governing futures contract business licenses. The key proposals include permitting existing digital asset service providers to directly apply for futures contract business licenses without having to establish new entities, and formally including digital assets within the scope of underlying assets eligible for futures contracts.