Thailand’s SEC Calls for Input on Proposed Crypto Listing Guidelines

Thailand's Securities and Exchange Commission (SEC) launched a public consultation, seeking feedback on new rules for digital asset listings on licensed exchanges. The comment period runs until July 21, 2025.

The consultation focuses on allowing exchanges to list tokens they issue themselves, while requiring disclosure of related-party information. The SEC aims to strengthen protections against conflicts of interest and insider trading through these requirements.

The proposed rules would permit exchanges to list ready-to-use digital tokens issued by the exchange or closely linked parties for on-chain transactions. Exchanges must disclose the names of individuals connected to token issuers and display alert symbols in their reporting systems to help the SEC monitor trading practices.

Issuers with tokens already listed before the new rules take effect have 90 days from the effective date to submit the required related-party disclosures.

The SEC Board approved these revisions during its June 2025 meeting to align digital asset selection criteria with current industry conditions. The regulator stated its goal of balancing innovation with investor protection, while maintaining strong safeguards against conflicts of interest, market manipulation, and insider trading.

Also read: Bybit and OKX Among Five Crypto Platforms Facing Ban in Thailand

The consultation comes as Thailand works to establish itself as a regional crypto hub. The country recently granted tax exemptions for digital asset gains and implemented other regulatory reforms to strengthen its digital asset framework.

The SEC's focus on disclosure requirements reflects ongoing concerns about potential conflicts when exchanges list their own tokens or those from affiliated parties. The proposed changes would affect how licensed exchanges in Thailand operate and list digital assets, particularly those with connections to the exchange operators themselves.