Thailand’s Securities and Exchange Commission (SEC) is inviting public feedback on proposed criteria for listing digital assets on domestic exchanges, as outlined in a recent notice published on June 20. The regulatory changes, approved by the SEC board in its June meeting, aim to modernize listing standards to reflect current industry trends and technological advancements.
The key focus of the proposed amendments is to uphold investor protection, prevent conflicts of interest, market manipulation, and unfair practices in the digital asset space. Under the new framework, exchanges will be permitted to list digital tokens or coins issued by themselves or affiliated entities as long as they are utilized for on-chain transactions. Exchanges will be required to disclose any related-party connections tied to the listed digital assets to ensure transparency and mitigate risks.
Moreover, exchanges will have a 90-day window to update disclosures for existing tokens once the new rules come into effect. The SEC has made the public consultation documents available on its website and Thailand’s central legal system portal, with feedback accepted until July 21 through email or designated channels.
Thailand has been gradually refining its digital asset regulatory framework in recent years, focusing on enhancing custody standards and exchange supervision. The ongoing revisions indicate the government’s commitment to balancing the growth of blockchain-based assets with regulatory compliance and oversight requirements.
The feedback gathered from the consultation process is expected to inform future policy adjustments, particularly concerning transparency mandates and the role of exchange-issued tokens. Across Southeast Asia, regulatory authorities are adapting their frameworks to address the expanding involvement of digital asset exchanges in token issuance and platform-based finance, leading to increased scrutiny of internal affiliations and disclosure protocols.
In conclusion, the proposed changes by the Thai SEC seek to promote a more transparent and secure environment for digital asset trading while fostering regulatory clarity and supporting the growth of exchanges. By aligning listing standards with industry developments and investor protection goals, Thailand aims to enhance its competitiveness in the global digital asset sector.