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The Thai SEC opens a public consultation ahead of the deadline on July 21.
The Thai Securities and Exchange Commission (SEC) has just opened a public consultation until July 21, 2025, to gather opinions on allowing local cryptocurrency exchanges to list utility tokens issued by themselves. This move aims to promote innovation while still ensuring investor protection.
SEC proposed a requirement for greater transparency, including the disclosure of the identities of individuals involved in the project and the integration of alerts into the monitoring system to prevent insider trading. The tokens in circulation must also disclose related parties within 90 days after the regulation takes effect.
Thailand is emerging as the cryptocurrency hub of Asia, with many promoting policies such as a 5-year crypto tax exemption, allowing domestic Bitcoin ETFs, and an issuance of investment tokens worth 150 million USD.