Thailand’s SEC launches public consultation on crypto listing rules
Thailand’s Securities and Exchange Commission (SEC) has launched a public consultation on proposed revisions to the rules governing the listing of digital assets on licensed crypto exchanges. The consultation period is open until July 21, 2025, and aims to update listing criteria to better align with the evolving digital asset industry while enhancing investor protection and market transparency.
Key proposals under consideration include:
Allowing licensed crypto exchanges to list utility tokens or cryptocurrencies issued by themselves or their affiliated entities, provided these tokens serve functional purposes within blockchain ecosystems.
Requiring exchanges to disclose the identities of persons associated with issuers of listed digital tokens to improve transparency and prevent conflicts of interest.
Mandating exchanges to apply alert symbols in the SEC’s e-reporting system.
For tokens already listed before the new rules take effect, issuers must disclose related persons within 90 days from the effective date.
This initiative is part of Thailand’s broader strategy to position itself as a global digital asset hub by fostering innovation while ensuring robust investor safeguards. It follows recent government measures such as a five-year capital gains tax exemption on crypto transactions through licensed platforms (effective 2025–2029) and plans to issue $150 million worth of digital investment tokens.
The SEC is collecting public feedback through its website, the central legal system platform, or via email until the consultation deadline. The outcome will shape the future regulatory framework for crypto listings in Thailand, balancing innovation with transparency and investor protection.
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Thailand's SEC is threading the needle—encouraging crypto innovation while tightening safeguards. The proposal to let exchanges list affiliated utility tokens is bold, but the required disclosures and alert symbols act as crucial checks. This could either fuel ecosystem growth or create conflicts if not strictly enforced.
The 90-day compliance window for existing tokens is pragmatic, and combined with the upcoming capital gains tax exemption, Thailand is rolling out the red carpet for blockchain projects. But will this be enough to outpace Singapore and Hong Kong in the regional crypto hub race?
The most intriguing part is how these rules handle 'functional purpose' tokens—could this become a model for other regulators? The devil will be in the enforcement. One thing's clear: Thailand isn't just watching the crypto revolution; it's shaping it.
Posted by Waivio guest: @waivio_branka-klun
https://www.reddit.com/r/CryptoCurrency/comments/1lhiqiw/thailands_sec_launches_public_consultation_on/
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