Thailand’s SEC is preparing to let existing digital asset platforms apply directly for licenses to offer crypto derivatives, without having to set up a new company to offer futures contracts. The proposal is still open for public comment; licenses have not yet been officially issued.
The regulator’s stated reason sounds good: helping investors hedge risk.
But anyone who has traded derivatives knows that most retail investors don’t get in to hedge. They’re there to bet on price movements with 10x, 50x, or even 100x leverage.
The question is: does wrapping high-leverage trading in the veneer of “licensed and compliant” really make it safer? Or will it just lead more newcomers to mistakenly believe they’re entering a protected casino?
$BTC $ETH #合约赌场 #泰国证监会拟向数字资产运营商发放衍生品牌照
The regulator’s stated reason sounds good: helping investors hedge risk.
But anyone who has traded derivatives knows that most retail investors don’t get in to hedge. They’re there to bet on price movements with 10x, 50x, or even 100x leverage.
The question is: does wrapping high-leverage trading in the veneer of “licensed and compliant” really make it safer? Or will it just lead more newcomers to mistakenly believe they’re entering a protected casino?
$BTC $ETH #合约赌场 #泰国证监会拟向数字资产运营商发放衍生品牌照
