Thailand’s Securities and Exchange Commission is preparing regulations to support crypto ETFs, futures trading, and tokenized investments. The regulator plans to issue guidelines for crypto ETFs early this year. Thailand aims to become a regional crypto hub for institutional investors, with daily trading volumes around $60 million on Bitkub.

The SEC will regulate crypto futures trading on the Thailand Futures Exchange and establish market makers for liquidity. Thailand is positioning itself as a crypto hub for institutional investors, with plans to recognize digital assets as an official asset class under the Derivatives Act. Retail trading remains popular despite the ban on crypto payments.

The SEC is tightening oversight on financial influencers, requiring proper authorization for any recommendations related to securities or investment returns. The agency is collaborating with the Bank of Thailand on a tokenization sandbox and encouraging issuers of bond tokens to enter the regulatory sandbox.

KuCoin Thailand’s operations were suspended by the SEC after its capital fell below minimum requirements for five consecutive days. The company attributed the issue to a shareholder dispute, not financial liquidity problems. KuCoin plans to apply for a digital-asset broker license to offer a wider range of financial products.

Read more at Cointelegraph: Thailand SEC Prepares Crypto ETF, Futures Trading Rules