According to Deep Tide TechFlow news on June 20, CoinDesk reported that the Thai Securities and Exchange Commission (SEC) has launched a public consultation on the rules for exchanges issuing utility tokens.
According to the proposal, the Thailand SEC plans to allow cryptocurrency exchanges or related parties to issue utility Tokens for blockchain transactions. Exchanges are required to disclose the list of personnel related to the token issuer to the regulatory authority, so that the SEC can monitor insider trading and other violations. This consultation aims to balance innovation and the prevention of illegal activities.
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According to Deep Tide TechFlow news on June 20, CoinDesk reported that the Thai Securities and Exchange Commission (SEC) has launched a public consultation on the rules for exchanges issuing utility tokens.
According to the proposal, the Thailand SEC plans to allow cryptocurrency exchanges or related parties to issue utility Tokens for blockchain transactions. Exchanges are required to disclose the list of personnel related to the token issuer to the regulatory authority, so that the SEC can monitor insider trading and other violations. This consultation aims to balance innovation and the prevention of illegal activities.