Month: October 2026

A recent Unified Patent Court (UPC) decision provides useful procedural and strategic guidance on the admissibility of late-filed arguments in provisional measures proceedings, an expert has said.

Indonesia’s President Prabowo Subianto replaced ⁠his foreign minister with a career diplomat on Thursday, in his second change to a top post in his cabinet in less than three weeks.
Prabowo ‌in a cabinet reshuffle named as foreign minister, the ministry’s former permanent representative to the United Nations in New York, with the outgoing Sugiono appointed Human Development minister.
The appointment of Nasir, who was Sugiono’s deputy, is expected ⁠to mark a shake-up at the ministry.
It comes…

The Securities and Exchange Commission of Thailand (SEC) has proposed a significant overhaul of the regulatory framework governing digital asset derivatives trading, introducing what amounts to the most market-expanding reform to date for the country’s crypto ecosystem.

The most consequential change in the proposed revisions is the introduction of a direct licensing pathway, permitting existing digital asset operators to apply for derivatives business licenses without the administrative burden of establishing separate corporate entities. Under the current framework, operators wishing to offer derivatives products were required to spin up entirely new companies, a costly and time-consuming requirement that effectively slowed market maturation.

The SEC’s stated objectives are twofold: accelerating the formal recognition of digital assets as a legitimate asset class within Thailand’s traditional financial regulatory taxonomy, and providing market participants with advanced risk management tools. The commission notes that the revision aims to promote the recognition of digital assets as an asset class and provide investors with additional hedging tools.

However, the liberalized access is accompanied by heightened compliance demands. The proposed rules require operators to implement robust conflict-of-interest prevention mechanisms, and introduce elevated financial standards for both derivatives trading centers and clearing institutions. The public consultation window runs until May 20, 2026, with the SEC inviting stakeholder feedback on the revised licensing requirements.

Strategically, this development positions Thailand ahead of several regional peers in the derivatives space. Singapore has yet to fully liberalize derivatives access for existing Digital Payment Token Service Providers, while Malaysia’s derivatives framework for digital assets remains narrower in scope. If enacted, Thailand’s approach would lower barriers for established platforms such as Bitkub and Zipmex to diversify into regulated derivatives products, potentially driving significant institutional liquidity to the Bangkok market as neighboring jurisdictions including Hong Kong and South Korea develop their own digital asset derivatives infrastructure.

The move comes at a pivotal moment for Thailand’s digital asset sector, which has been pursuing a strategy of regulatory proactivity since the country first approved cryptocurrency ETF frameworks earlier this year. The derivatives reform, paired with the crypto ETF sandbox and the TouristDigiPay regulatory sandbox, signals a deliberate multi-track approach to positioning Thailand as the region’s most crypto-friendly capital market.

The two Koreas urgently need to restore military communication to prevent a landmine dispute in the demilitarised zone (DMZ) from escalating into an armed clash, according to observers.
The danger is growing as North Korea presses ahead with leader Kim Jong-un’s order to fortify its side of the 4km (2.5 mile) wide buffer zone separating it from the South.
South Korea views the works, including the laying of mines near the sparsely marked Military Demarcation Line (MDL) running through the centre…