Thailand SEC Dey Propose Say Make Dem Update ICO Rules Every Two Years
Thailand Securities and Exchange Commission (SEC) don open public hearing about di proposed ICO rules dem. According to di draft rules, investors wey pass initial knowledge test fit skip quarterly exams. Non-institutional investors go need do one-time assessment. ICO platforms go dey carry out suitability assessments, update am every two years instead of quarterly. SEC talk say di updated ICO rules dey align wit existing securities and digital asset frameworks and e go make investor protection strong for retail investors. Jagdish Pandya wey be Blockon Ventures founder praise Thailand role for crypto regulation. E talk seh stricter testing and two-yearly suitability checks fit reduce speculative trading and help prevent fraud and rug pulls. Separately, Thailand dey negotiate zero-tariff trade deals wit US. Even though e fit no match Vietnam concessions, dem dey discuss tiered tariff reductions.
Bullish
Thailand plan wey dem wan make ICO regulations easy by dey reduce how often dem dey test and put for place two-year suitability checks go make am easy for retail investors and open market access more. This clear regulation fit boost investor confidence and increase trading volumes for Thai crypto market short term. Long-term, if government match am well with current securities laws and provide strong investor protection, e fit attract plenty institutional investors and make the market balanced, supporting better outlook for local digital asset trading.