Thailand’s SEC has put out a notice for public input on the new token issue rules which the agency is drafting. The new framework they have put forward includes exchanges and their affiliates. These entities will be allowed to issue utility tokens but within very strict disclosure parameters related to the Thai New Token Issuance process.
The consultation runs until July 21, 2025. That is a step in Thailand’s growth toward regulation of digital assets. It is part of becoming a crypto hub in Southeast Asia.
The SEC is out to get input from the industry before finalizing the Thai new token issuance rules. This is a key step in the balance between market innovation and strong oversight. The consultation is also available via many official channels.
Thai Token Issue Will Be Transparent
Proposed in the new Thai token issuance framework are plans for licensed exchanges to be given the ability to issue utility tokens. But with that come key conditions. Exchanges must report on related individuals to token issuers. They must also put into use the SEC’s monitoring system for the appropriate Thai New Token Issuance.
A 3 month transition period is given for which listed tokens to adapt to the new rules. This phased-in policy is of a minimal disruptive nature. At the same time, it increases the level of market supervision.
Thai Issue of New Tokens Related To Bitkub Case.
In 2022 Thailand had a scandal similar to the first-ever U.S. insider trading conviction in digital assets, which involved the CTO of Bitkub using inside info before a large-scale acquisition. He was fined 8.5 million baht and banned from executive roles for a year.
This issue brought to light the holes in Thailand’s crypto regulation, much like similar gaps seen in U.S. enforcement as noted in SEC’s 2022 digital asset crackdown. The new rules aim to plug those holes through better disclosures and monitoring. They are akin to the Thai New Token Issuance requirements.
Push For Regional Crypto Center
Thailand has a large scale digital assets plan which includes tourism payments. It also covers fields of tax incentives and strict compliance. Also in May 2025, the government announced they would allow crypto use by tourists via card-based systems relevant to the new token issuance.
Also, within the next five years, tax-free status is to be had from crypto trades which take place on licensed exchanges. This move also puts us at the head of the pack in terms of competition.
The SEC is going after unlicensed platforms much like U.S. efforts seen in their 2023 digital asset enforcement report, as we see in the case of Bybit and OKX. This is Thailand’s push for compliance with AML rules and the success of Thai New Token Issuance strategies.
Stakeholders to submit their feedback via official channels until July 21. Input from exchanges, investors, and legal experts included in the final framework for Thai New Token Issuance.
