Thailand’s Securities and Exchange Commission (SEC) has launched a public consultation on proposed revisions to digital asset listing rules for licensed cryptocurrency exchanges. The move aims to strengthen transparency, expand listing options, and enhance investor protection. Public feedback will be accepted through the SEC’s website, the central legal system platform, or email until July 21.
The consultation follows a decision made during the SEC board’s June meeting, where the commission approved plans to revise the criteria for listing digital assets. Under the proposed changes, licensed exchanges would be permitted to list utility tokens or cryptocurrencies issued by themselves or related parties, provided they are intended for blockchain utility.
Key elements of the proposed framework include stricter disclosure requirements. Exchanges would be required to reveal the identities of individuals connected to the issuers of digital tokens listed on their platforms. The SEC also plans to use alert symbols in its electronic reporting system to help track potential insider trading.
For tokens already listed before the new rules come into effect, exchanges will have a 90-day window to ensure related persons are disclosed.
This initiative aligns with Thailand’s broader strategy to become a global digital asset hub while maintaining regulatory oversight and transaction transparency. It also follows recent government measures to incentivize the sector, including a five-year exemption from capital gains tax on crypto transactions conducted through licensed platforms—effective January 1, 2024, through December 31, 2029.
Meanwhile, the Revenue Department is advancing implementation of the OECD’s Crypto-Asset Reporting Framework, which facilitates automatic information sharing on digital assets with other countries.
These regulatory efforts come in the wake of Thailand’s crackdown on unauthorized international crypto exchanges. Beginning June 28, the SEC will block access to five major platforms—Bybit, 1000X, CoinEx, OKX, and XT.COM—for operating without licenses and offering services to Thai users unlawfully.
