The Securities and Exchange Commission of Thailand has initiated public consultations on new crypto asset listing rules, effective from June 20 to July 21, 2025.
Goals of the Consultation
The SEC initiative reflects Thailand's goal to strengthen its position as a global crypto hub by aligning local regulations with international standards. The consultation aims to enhance transparency and accountability among market participants.
Market Impact
Immediately following the consultation's start, an increase in scrutiny of crypto exchanges is expected, affecting their reporting practices. This could lead to a shift in market dynamics as transparency becomes vital for compliance.
Potential Changes for Cryptocurrencies
The proposed rules will affect major cryptocurrencies like Bitcoin and Ethereum. Furthermore, the listing of new tokens will undergo more rigorous evaluations under the new disclosure requirements.
Regulatory changes may enhance Thailand's attractiveness for global crypto investments, promoting increased liquidity and market participation.
