*�🇭 Thailand’s SEC Wants to Chill on ICO Rules — But With Smarter Risk Filters

Retail friction down, risk checks up. Thailand’s taking a more grown-up swing at token sales.

*� Key Highlights

• 🧠 Knowledge test every 3 months? Scrapped.
• 📋 Suitability test for all investors? Yes — every 2 years.
• 🛡️ Goal: ease burdens, tighten protection
• 💼 Institutional investors? Still exempt
• 🗓️ Public consultation open till August 1, 2025

*� No More Repetitive Quizzes, Please

Thailand’s SEC just proposed a major revamp of its ICO rules. And for once, retail investors might actually exhale.

Gone: the rule that forced you to retake a knowledge test every three months just to ape into a token sale.

Now: If you passed the test once, you’re good. No more pop quizzes every quarter.

But there’s a catch.

*� In Comes the Suitability Test

The SEC isn’t going full degen. A mandatory suitability test will be required for all retail investors, no matter how many NFTs you hold or bull runs you’ve survived.

This isn’t just gatekeeping — it’s a risk filter. The test will match your financial profile to the volatility of the ICO you’re eyeing. And the best part? It’s valid for 2 years.

“This proposal aims to reduce the burden… by eliminating the need for repeated assessments every three months.” — Thailand SEC

*� Smarter Oversight, Not More of It

These changes are designed to:

• 🧹 Cut red tape for both investors and ICO platforms
• 🔍 Tighten alignment with global regulatory standards
• 🛑 Stop newbies from YOLO-ing into obvious rug pulls

*� Industry Backs the Move

Jagdish Pandya, founder of Blockon Ventures and OG of Thai Blockchain Week, says it loud:

“This keeps amateurs from blindly jumping into ICOs and repeating scam-era mistakes.”

He also throws shade at the region:

“Thailand’s regulated ICO platform is ahead of even the UAE and Hong Kong.”

*� Pros Stay Free

If you're an institutional investor or a professional, congrats — you're still exempt from all tests. The SEC isn’t trying to micromanage whales.

Retail, though? You’re getting bumpers on your bowling lane.

*� Wider Policy Pivot in Thailand

This isn’t a one-off tweak. The SEC is on a crypto modernization sprint:

• ✅ In June: Opened consultation on letting exchanges list their own tokens
• 🏝️ Running crypto payment pilots in tourist hotspots
• 💰 Reviewing if spot Bitcoin ETFs should be retail-accessible

Thailand isn’t trying to be trendy. It’s laying infrastructure.

*�️ Got Feedback? SEC Wants It

The ICO proposal is now open for public comment until August 1, 2025. That means investors, devs, and platforms have a shot to shape how Asia’s most ambitious crypto sandbox evolves.

⚡ TL;DR

Thailand’s SEC is proposing major updates to ICO rules: kill the quarterly knowledge test, add a 2-year suitability check, and keep institutions exempt. It’s part of a bigger shift toward smart regulation — and the public has until August 1 to weigh in.