Thailand's SEC revises token listing rules, easing exchange token listing standards.

On June 20, the Thailand SEC announced the launch of a public consultation on the revision plan for the token listing standards of digital asset exchanges, with a consultation period ending on July 21, 2025. According to the proposal, digital asset exchanges can list “directly usable tokens or crypto assets” issued by the exchanges themselves or their affiliates for blockchain transactions in the future, to encourage the listing of assets that meet innovation and application development.

The new regulations are expected to require exchanges to disclose the related party information of token issuers and to mark risk warnings in the system to help regulatory agencies prevent insider trading. At the same time, exchanges still need to establish regulatory mechanisms to prevent conflicts of interest, market manipulation, and unfair trading behaviors. Listed tokens must supplement related information within 90 days after the rules take effect.

This move is part of Thailand’s strategy to attract international crypto business and build a regional financial center. Previously, the Thai government had decided to exempt capital gains tax on crypto transactions for five years starting in 2024, which is expected to bring economic benefits of over 30.7 million dollars. The government is also promoting a pilot program for crypto tourism payments in Phuket and considering opening a Bitcoin spot ETF to retail investors.