Odaily Planet Daily reports that the Thai cabinet has approved amendments to the Derivatives Act, allowing cryptocurrencies to be used as underlying assets for regulated derivative products. The Thai SEC will revise related licensing rules, establish standards for derivative contracts, and collaborate with the Thailand Futures Exchange to ensure that contract risk characteristics align with digital asset features. This reform aims to promote market growth, diversify risk management, and incorporate digital asset activities into a clearer legal framework. (Decrypt)
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