Thailand SEC Plans Crypto ETF Rules This Year

Group 1 - Thailand's SEC plans to issue formal rules for crypto exchange-traded funds (ETFs) early this year, allowing regulated crypto ETFs to launch domestically and providing investors exposure without direct wallet or custody risk [1] - The SEC has approved the concept in principle and is finalizing investment and operational conditions, with portfolio allocations to digital assets capped at 5% for diversified investors [2] - The SEC will enable crypto futures trading on the Thailand Futures Exchange, recognizing digital assets under the Derivatives Act and introducing designated market makers to improve liquidity [3] Group 2 - Thailand's crypto market remains active despite a ban on crypto payments, with the largest exchange Bitkub recording approximately $60 million in daily trading volume and monthly crypto turnover exceeding ฿100 billion [4] - The baht has gained roughly 9% against the US dollar in 2025, prompting a Senate committee to seek clarity on whether heavy stablecoin trading is distorting the exchange rate [5] - The SEC is increasing oversight of financial influencers, requiring authorization for any investment recommendations linked to securities or returns [6] Group 3 - The SEC suspended operations of KuCoin Thailand after its capital fell below minimum requirements, with plans for the exchange to apply for a digital-asset broker license once the issue is resolved [7]