{"id":85109,"date":"2026-04-23T16:01:38","date_gmt":"2026-04-23T16:01:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=85109"},"modified":"2026-04-23T16:01:38","modified_gmt":"2026-04-23T16:01:38","slug":"thailand-considers-opening-door-wider-to-crypto-futures-in-licensing-revamp","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=85109","title":{"rendered":"Thailand Considers Opening Door Wider To Crypto Futures In Licensing Revamp"},"content":{"rendered":"
\n

Kraken and Coinbase moved first. Both crypto exchanges rolled out perpetual futures tied to equities for non-US users earlier this year, part of a broader push toward round-the-clock, multi-asset trading. Now Thailand is adjusting its own rulebook to keep pace.<\/p>\n

A Shift In How Licenses Are Granted<\/h2>\n

Thailand\u2019s Securities and Exchange Commission has put forward a proposal<\/a> that would allow licensed digital asset companies to apply for derivatives licenses directly, without having to set up entirely separate legal entities.<\/p>\n

The change, now open for public comment, is part of a wider licensing revamp aimed at making it easier for crypto firms to offer futures products to retail investors. The consultation period closes May 20.<\/p>\n

Under current rules, a crypto<\/a> company that wants to offer derivatives must establish a new entity \u2014 a requirement that adds time, cost, and complexity. The proposed revision would remove that hurdle.<\/p>\n

\"\"<\/p>\n

Companies would still need to meet additional requirements tied to conflict-of-interest management and regulatory oversight, but the structural barrier to entry would be gone.<\/p>\n

The SEC said the changes are designed to give investors more tools for managing risk and building out their portfolios.<\/p>\n

Global Push Behind The Proposal<\/h2>\n

Thailand\u2019s move<\/a> comes as momentum behind crypto derivatives builds across multiple markets. On Tuesday, Blockchain.com launched perpetual futures trading inside its self-custody wallet, allowing users to take leveraged positions using Bitcoin as collateral without moving funds to a third-party exchange.<\/p>\n

The product, built on the Hyperliquid network, gives access to more than 190 markets with leverage of up to 40x.<\/p>\n

\"\"<\/p>\n

In the US, regulatory movement is also underway. A senior official at the Commodity Futures Trading Commission said recently that the agency is working toward enabling crypto perpetual futures and could act within weeks.<\/p>\n

Exchanges aren\u2019t waiting. Kraken\u2019s parent company, Payward<\/a>, recently agreed to acquire Bitnomial, a US-regulated derivatives venue, with an eye toward giving American clients access to perpetual futures products once approvals come through.<\/p>\n

<\/p>\n

Bringing Standards In Line With Global Norms<\/p>\n

Thailand\u2019s SEC said the proposed rules would align its derivatives exchanges and clearing houses with international standards \u2014 a detail that points to longer-term ambitions beyond just opening up licensing.<\/p>\n

Earlier this year, the regulator also put forward separate proposals for tighter scrutiny of the funders behind crypto firms, signaling that the broader push to expand the market comes alongside a tightening of oversight at multiple levels. The licensing revamp sits within that same pattern: wider access, stricter controls.<\/p>\n

Whether the final rules reflect that balance will depend, in part, on what the industry submits before the May 20 deadline.<\/p>\n

Featured image from Meta, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Kraken and Coinbase moved first. Both crypto exchanges rolled out perpetual futures tied to equities for non-US users earlier this year, part of a broader push toward round-the-clock, multi-asset trading. Now Thailand is adjusting its own rulebook to keep pace. A Shift In How Licenses Are Granted Thailand\u2019s Securities and Exchange Commission has put forward […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-85109","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/85109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=85109"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/85109\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}