Thailand SEC’s New Three-Year Plan Pushes Tokenization, Crypto ETFs
Thailand’s Securities and Exchange Commission (SEC) has launched a three-year plan to enhance the country’s capital markets, focusing on integrating and regulating digital assets, including crypto exchange-traded funds (ETFs). The plan targets improved market competitiveness, public financial wellbeing, technological development, and sustainable growth. With the domestic crypto market valued at $3.19 billion and daily trading volumes of $95 million as of August 2025, the SEC is pursuing balanced policies—promoting adoption (e.g., through tax exemptions) while tightening oversight on unregulated foreign platforms. New ETF regulations and the development of crypto futures trading are expected, positioning Thailand to integrate crypto assets within traditional finance, similar to U.S. models. The SEC is encouraging retail-accessible, regulated products and focusing on scam prevention, having blocked nearly 48,000 mule accounts and issued thousands of investor alerts. Authorities are also investigating alleged political ties to crypto-related scam networks. The overall strategy aims to transform Thailand into a regulated, attractive market for both local and institutional investors.
