Thailand SEC Eyes Crypto Rule Overhaul, Seeks Public Input – Coincu

Key Points:

• Thailand SEC may allow exchanges to list self-issued digital tokens under revised regulatory guidelines.
• Disclosure rules will require naming related parties and flagging risks to combat insider trading.
• Thailand’s crypto push includes tax breaks, tourism pilots, and proposed spot Bitcoin ETFs for retail.

Thailand’s Securities and Exchange Commission (SEC) has launched a public consultation to revise how digital assets are listed on licensed exchanges. The consultation is open until July 21, 2025, and aims to gather feedback from market participants to ensure regulatory updates reflect current industry dynamics.

In its announcement, the Thailand SEC said the new rules will aim to support market development while “maintaining investor protections.” The proposed revisions will align with blockchain innovation and introduce measures to guide listings more clearly.

Digital Asset Listing Criteria May Expand Under Thailand SEC Plan

Under the proposed framework, exchanges may be allowed to list “ready-to-use” digital tokens issued by themselves or related parties. This change is intended to support Thailand’s push to foster blockchain adoption and provide more digital assets that serve practical use cases.

To improve transparency, the Thailand SEC will require exchanges to disclose names of persons or entities related to token issuers. These disclosures will be part of trading interfaces, with warning indicators in place to help identify risks and limit potential insider activity.

Thailand SEC Proposes Stronger Oversight of Crypto-Linked Conflicts

The revised criteria also include rules designed to prevent market manipulation and manage conflicts of interest in the digital asset sector. The Thailand SEC has emphasized the need for clear regulatory mechanisms to discourage unfair trading practices and ensure all listed assets meet fair governance standards.

Tokens listed prior to these changes will still be subject to the updated disclosure rules. Issuers must submit related-party information within 90 days after the new regulations take effect.

Thailand Crypto Regulation Push Includes Tax Cuts and Tourism Plans

This latest move from the Thailand SEC follows a broader national effort to establish the country as a crypto-friendly destination. In June 2025, the Thai Cabinet approved a five-year capital gains tax exemption for crypto sales through licensed platforms, effective from January 1, 2025.

Alongside this, the Ministry of Finance is developing crypto-linked credit card systems aimed at tourists. Sellers would receive payments in local currency while buyers could use crypto. Pilot programs are underway in Phuket, and officials are also discussing the introduction of spot Bitcoin ETFs.

Deputy Finance Minister Julapun Amornvivat described the reform as part of the government’s plan to position Thailand as “one of the world’s financial hubs.”