Thailand SEC publicly solicits opinions on the listing standards of digital asset exchanges and plans to relax restrictions on the listing of related-party tokens

Odaily News The Thai SEC announced the launch of a public consultation on the revised standards for listing tokens on digital asset exchanges, which will last until July 21, 2025. According to the proposal, digital asset exchanges will be able to list "directly usable tokens or cryptocurrencies" issued by the exchange itself or its affiliates for blockchain transactions in the future to encourage the listing of assets that are in line with innovation and application development.
The new rules propose to require exchanges to disclose information about related parties of token issuers and mark risk warnings in the system to help regulators prevent insider trading. At the same time, exchanges still need to establish regulatory mechanisms for conflict of interest prevention, market manipulation and unfair trading practices. Listed tokens must supplement related party information within 90 days after the rules come into effect.
This move is part of Thailand's strategy to attract international crypto business and build a regional financial center. Previously, the Thai government has decided to exempt crypto trading capital gains tax for five years starting from 2024, which is expected to bring more than 30.7 million US dollars in economic benefits. The government is also promoting a pilot for crypto tourism payments in Phuket and considering opening a Bitcoin spot ETF to retail investors. (decrypt)