Thai SEC Announces Significant Strengthening of Virtual Asset Listing Rules…"Focus on Transparency and Investor Protection"

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Heecheol Yang

Summary

  • The Thai Securities and Exchange Commission (SEC) announced that it has started a public consultation to strengthen virtual asset listing rules.
  • The new regulations emphasize strengthening market transparency and investor protection.
  • It was reported that this measure is expected to affect both exchanges and token issuers.

The Thai Securities and Exchange Commission (SEC) has launched a public consultation to strengthen regulations for the listing of virtual assets (cryptocurrencies).

According to CoinCU on the 20th (local time), the Thai SEC will conduct a public consultation on new virtual asset listing regulations from today until July 21.

This measure aims to enhance market transparency and investor protection and is expected to affect both exchanges and token issuers. The SEC stated, "Through this public consultation, we are emphasizing transparency and requiring exchanges to flag tokens issued by affiliates," and added, "Potentially, this will lead to stronger investor protection and enhanced market oversight."

Heecheol Yang

Heecheol Yang

heecheol@bloomingbit.ioHello, I'm a reporter at bloomingbit
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