The Thailand Securities and Exchange Commission (SEC) has initiated a public consultation process for proposed changes to digital asset listing regulations. This effort is aimed at enhancing oversight in the crypto ecosystem.
Public Consultation on New Listing Rules
The SEC launched consultations this week, allowing citizens and stakeholders to provide feedback on updated listing criteria for licensed crypto exchanges. The feedback window will remain open until July 21. Opinions can be submitted through the SEC's official website or via email.
Changes in Digital Asset Regulation
Following a board meeting, the SEC approved plans to revise digital asset listing rules. Proposed changes include allowing exchanges to list utility tokens issued by themselves or their affiliated entities, provided these tokens have a functional purpose within blockchain networks.
Increased Transparency and Security Measures
The new framework requires greater disclosures from exchanges. Operators will be mandated to disclose the identities of individuals connected to the issuers of listed digital tokens. Additionally, tokens already trading will not be exempt from these new rules.
The SEC's push for public input on new listing rules is aimed at enhancing regulation and protecting investors. This regulatory update aligns with Thailand's broader strategy to position itself as a major digital asset hub.
