Thailand’s SEC launches public consultation on crypto listing rules

Thailand’s SEC is seeking public feedback on proposed changes to digital asset listing rules for licensed crypto exchanges, with stricter disclosure requirements and broader listing allowances.

The Securities and Exchange Commission of Thailand has opened a public consultation on proposed revisions to the criteria for selecting digital assets to be offered on crypto exchanges. The opinion collection will be done through its website, the central legal system platform, or via email and last until July 21.

The development follows the SEC board’s meeting in June, where the board formally approved a plan to update the listing criteria. Under the proposed changes, licensed crypto exchanges would be allowed to list utility tokens or cryptocurrencies issued by themselves or related parties for the purpose of utility in blockchain transactions.

The new rules also require exchanges to disclose the identities of persons associated with issuers of digital tokens listed on their platforms. This includes applying alert symbols in the SEC’s e-reporting system to aid in monitoring and preventing insider trading. For tokens already listed before the effective date of the announcement, exchanges must ensure issuers disclose related persons within 90 days from the effective date.

The move is part of Thailand’s broader efforts to position the country as a global digital asset hub while ensuring transparent and traceable digital asset trading within a regulated framework.

It comes shortly after Thailand’s government announced a five-year exemption on capital gains tax for crypto transactions through licensed platforms, effective Jan. 1 and lasting until Dec. 31, 2029.

Additionally, Thailand’s Revenue Department is currently in the process of implementing the OECD’s Crypto-Asset Reporting Framework, which is an automatic exchange system for sharing digital asset information with countries worldwide. 

These developments follow Thailand’s recent crackdown on unlicensed global crypto exchanges. Starting June 28, the SEC, under the authority of the Ministry of Digital Economy and Society, will block access to five major platforms — Bybit, 1000X, CoinEx, OKX, and XT.COM — for operating without proper licenses and providing trading services to Thai users without authorization.