Thailand SEC Proposes Biennial Updates to ICO Regulations

Thailand’s Securities and Exchange Commission (SEC) has opened public hearings on proposed ICO regulations. Under the draft rules, investors who pass an initial knowledge test can skip quarterly exams. Non-institutional investors must complete a one-time assessment. ICO platforms will conduct suitability assessments, updating them at least every two years instead of quarterly. The SEC says the updated ICO regulations align with existing securities and digital asset frameworks and will strengthen investor protection for retail participants. Blockon Ventures founder Jagdish Pandya praised Thailand’s role in crypto regulation. He said stricter testing and biennial suitability checks could curb speculative trading and guard against fraud and rug pulls. Separately, Thailand is negotiating zero-tariff trade agreements with the US. While it may not match Vietnam’s concessions, tiered tariff reductions are under discussion.