Thailand Approves BTC Derivatives: Market Impact

BTC

BTC/USDT

$66,731.27
-3.29%
24h Volume

$20,996,839,537.15

24h H/L

$69,993.65 / $66,557.99

Change: $3,435.66 (5.16%)

Long/Short
69.4%
Long: 69.4%Short: 30.6%
Funding Rate

-0.0048%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$66,748.14

-3.04%

Volume (24h): -

Resistance Levels
Resistance 3$78,165.83
Resistance 2$73,706.57
Resistance 1$70,216.45
Price$66,748.14
Support 1$62,974.05
Support 2$47,080.00
Support 3$40,335.00
Pivot (PP):$67,533.00
Trend:Downtrend
RSI (14):29.8
(05:41 AM UTC)
2 min read

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The Thai government approved the Finance Ministry's proposal on Tuesday, allowing digital assets, including BTC detailed analysis and carbon credits, to be used as underlying assets in derivatives and capital markets. The Securities and Exchange Commission (SEC) will amend the Derivatives Act to cover these asset classes. According to the Bangkok Post, this step aims to align Thailand's derivatives markets with international standards, strengthen supervision, enhance investor protection, and become a regional hub for institutional crypto trading in Southeast Asia.

Thailand BTC Derivatives Decision: Institutional Turning Point

Binance Thailand CEO Nirun Fuwattananukul described it as a turning point, noting that digital assets are being recognized as an asset class that transforms capital markets rather than speculative tools. SEC Secretary General Pornanong Budsaratragoon stated that it will increase crypto's recognition, improve market inclusivity, portfolio diversification, and risk management. While the Stock Exchange of Thailand plans 2026 BTC futures and exchange-traded investment products, crypto payments continue to be banned by the central bank, and stablecoin usage remains limited. Bitkub exchange reaches a daily trading volume of 65 million dollars.

BTC Technical Analysis: Critical Support and Resistance Levels

  • Price: $67,062.24 (24h Change: -0.68%)
  • RSI: 30.74 (Oversold signal)
  • Trend: Downtrend (Supertrend: Bearish, EMA 20: $75,477)
  • Supports: S1 $66,996 (Strong, -0.50%), S2 $60,004 (Strong, -10.89%)
  • Resistances: R1 $68,478 (Strong, +1.70%), R2 $73,126 (+8.60%)

In the global context, Goldman Sachs' $1.1 billion BTC purchase and $144.9 million inflows into BTC ETFs on February 9 support the Thailand decision.

Frequently Asked Questions About BTC and Thailand Regulation

When will Thailand BTC derivatives become active? It will start in 2026 after the SEC's legal amendment.

Will this decision affect BTC price? The regional hub target may increase institutional inflows, S1 support at $66,996 is being tested.

Are crypto payments allowed in Thailand? No, the central bank continues its bans.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

SC

Sarah Chen

COINOTAG author

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