Catenaa, Monday, June 23, 2025-Thailand Securities and Exchange Commission (SEC) has launched a public consultation on proposed rule changes that could allow crypto exchanges to list their own utility tokens, marking a significant step in the nation’s digital asset regulatory shift.
The SEC said Friday the revisions aim to reflect the evolving crypto landscape while balancing innovation with investor protection. One proposed rule would permit exchanges to list tokens issued by themselves or affiliated entities, a move expected to widen access to digital investment options.
A second revision would require trading platforms to disclose the identities of individuals tied to listed tokens. The disclosure would be mandatory for existing assets within 90 days of the rule taking effect. Exchanges would also be required to implement reporting alerts to help monitor for potential insider trading.
The public comment period is open until July 21.
The proposals are part of broader efforts by the Thai government to position the country as a regional digital asset hub. Earlier this week, Bangkok approved a five-year capital gains tax exemption on crypto sales and announced plans to issue $150 million in state-backed digital investment tokens by the summer.
Deputy Finance Minister Julapun Amornvivat said the government is moving “full speed ahead” to elevate Thailand’s status in the global digital economy.
In January, the SEC revealed it was considering allowing locally issued Bitcoin ETFs on Thai exchanges, underscoring its proactive stance in crypto policy development.
