Thailand's Securities and Exchange Commission (SEC) has announced updated regulations for the crypto market, focusing on easing conditions for investors while ensuring safety in the token sphere.
Easing Regulations for Retail Investors
The SEC has proposed eliminating mandatory retesting for investors who have already passed their knowledge tests, simplifying market access for regular investors.
New Testing Requirements
Mandatory suitability assessments will now be required for all retail investors every two years, replacing the previous three-month requirement.
Public Discussion and Expert Opinions
Public discussions on the new rules are open until August 1, 2025. Expert Jagdish Pandya highlighted that the changes will help protect inexperienced investors and foster ICO development in Thailand.
The SEC's initiative aims to simplify token investment while protecting retail investors, underscoring Thailand's ambition to lead in crypto regulation within the region.
