The Thai SEC is publicly soliciting opinions on the standards for listing tokens on digital asset exchanges and plans to relax restrictions on the listing of related party tokens

Odaily Planet Daily News: The Thai SEC has announced the launch of a public consultation on the revision of token listing standards for digital asset exchanges, with a solicitation period until July 21, 2025. According to the proposal, digital asset exchanges can list "directly usable tokens or cryptocurrencies" issued by the exchange itself or its affiliates for blockchain trading in the future, in order to encourage the listing of assets that are in line with innovation and application development. The new regulations plan to require exchanges to publicly disclose the information of related parties of token issuers and mark risk warnings in the system to help regulatory agencies prevent insider trading. Meanwhile, the exchange still needs to establish regulatory mechanisms for conflict of interest prevention, market manipulation, and unfair trading practices. Listed tokens need to supplement related information within 90 days after the rules come into effect. This move is part of Thailand's strategy to compete for international cryptocurrency business and build a regional financial center. Previously, the Thai government had decided to exempt cryptocurrency trading capital gains tax for five years starting from 2024, which is expected to bring over $30.7 million in economic benefits. The government is also promoting the pilot of encrypted tourism payments in Phuket and considering opening Bitcoin spot ETFs to retail investors. （decrypt）