Thailand's SEC has opened a consultation on letting intermediaries offer retail clients access to overseas digital asset derivatives, subject to conditions. Eligible products must resemble domestic crypto derivatives in underlying assets, maturity, leverage and settlement, and trade on an exchange using central counterparty clearing under a regulator in specified international groups. Non-compliant products would be limited to institutional investors, whom the SEC considers better equipped for high-risk products. Crypto was designated a permissible derivatives underlying on March 5. The consultation runs until Sept. 30; no implementation date was given.

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