Tina Fey Tackles Thailand’s Crypto Consultation: July 21 Deadline Looms

Thailand is getting all fancy with its crypto rules, and the Thailand Securities and Exchange Commission (SEC) is at it again. On Friday, they launched a public consultation to see if local crypto exchanges should be allowed to list their own utility tokens. 🤔

Public feedback will be open until July 21, 2025. Mark your calendars, folks!

This could totally shake up Thailand’s crypto scene, especially for those platforms looking to beef up their digital asset game. 🚀

SEC’s Focus: Innovation and Investor Protection (Because We Care!)

The SEC is tweaking the rules for listing digital assets on local exchanges. Here’s what they said:

“The SEC Board, at its June 2025 meeting, resolved to revise the criteria for selecting digital assets to be provided on the exchange to be in line with the context of the digital asset industry.”

Key points of the proposal include:

  • Allowing crypto exchanges to list their own utility tokens (because why not?)
  • Strengthening investor protection with stricter disclosure requirements (because transparency is key!)

Exchanges will have to spill the beans on who’s involved in each crypto project and set up alerts in SEC monitoring systems to help prevent insider trading. 🕵️‍♀️

Existing tokens must also disclose the names of all related parties within 90 days of the regulation taking effect. No more hiding behind the curtain, folks!

  • Also Read :
  •   Putin and Xi Propose New BRICS Investment Platform to Boost Global South
  •   ,

Thailand Is Positioning Itself as a Global Crypto Hub (Yes, Really!)

Thailand’s latest crypto moves are making it a hot spot for blockchain innovation. Here’s what’s cooking:

  • Attracting international crypto businesses (bring it on!)
  • Expanding crypto tax exemptions for the next five years (cha-ching!)
  • Planning a $150 million digital investment token issuance (big money talk!)
  • Allowing locally issued Bitcoin ETFs to be listed on crypto exchanges (ETFs, here we come!)
  • Promoting national-level crypto adoption (everyone’s in on it!)

Final Thought: Leading Through Regulation (Because We’re Smart!)

With this new wave of regulation, Thailand is not only opening the door for innovation but also making sure investors are protected. As the country strengthens its digital ecosystem, it’s setting a new benchmark in Asia’s evolving crypto regulation landscape. 🌟

The world will be watching as Thailand’s public feedback window closes on July 21, 2025. Stay tuned! 📺

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more. 🚀

Read More

2025-06-20 16:31