Thailand's SEC plans to relax cryptocurrency investor testing regulations, public opinions are being solicited

ChainCatcher news, the Thai Securities and Exchange Commission has proposed to amend the ICO regulatory rules, allowing non-institutional investors to bypass repeated testing after a single knowledge test, replacing the current requirement of testing every three months.

The new regulations will mandate ICO portals to conduct suitability tests for all digital token investors, with a review every two years, ensuring that investors' risk tolerance aligns with product risks. This move aims to alleviate the burden on investors and align with existing securities regulatory standards.

The public can submit comments on the proposal before August 1.