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Thai SEC Proposes Rule Change to Allow Licensed Exchanges to Issue Utility Tokens
Thai SEC Proposes Rule Change to Allow Licensed Exchanges to Issue Utility Tokens
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Thailand's Securities and Exchange Commission has opened a public consultation on amendments that would permit licensed centralized exchanges to list their own utility tokens. The proposed changes, part of a broader effort to strengthen the country's crypto framework, would require tokens to serve functional purposes within blockchain ecosystems rather than function as speculative instruments.
The SEC is simultaneously tightening transparency requirements, mandating exchanges to disclose identities of individuals associated with listed assets. Market participants have until July 21 to submit feedback through official channels.
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