Catenaa, Friday, July 25, 2025- Thailand’s securities regulator is moving to overhaul rules governing initial coin offerings, proposing a shift that eases knowledge testing requirements while enforcing more rigorous investor suitability assessments.
The Securities and Exchange Commission announced Friday it is holding public consultations on a regulatory update that would let retail investors skip repeat knowledge tests if they had previously passed them. Currently, investors must retake the test every three months before investing through ICO portals.
The proposed framework would still require non-institutional investors to complete a knowledge test before investing in digital tokens, but only once, unless new circumstances arise. Professional investors would remain exempt. The SEC said the move is aimed at reducing burdens while maintaining investor protection.
In parallel, all investors would need to undergo comprehensive suitability tests to assess their financial risk tolerance and align it with the risk level of the products they buy. These assessments, to be reviewed every two years, would replace the quarterly evaluations currently in place.
“This proposal aims to reduce the burden on both ICO portals and investors,” the SEC said, adding that the changes mirror existing standards for securities oversight.
The public has until August 1 to submit comments on the proposed rule changes.
